Landownership and residential land use in urban economies: existence and uniqueness of the equilibrium
As a prototype for introducing landownership into an urban residential choice model, a basic model of residential land use is proposed in which a group of city residents is assumed to own jointly a circular area of land extending from the central business district. Absentee and public landownership models are considered as special cases. With this basic model, the existence and uniqueness of the land-use equilibrium can be shown, and the effects of landownership, household income, and population can be analyzed. By extending this model to an arbitrary subset of the city land and by introducing a crowding externalities variable, the effects of landownership on the land-use equilibrium are examined using comparative statics. This book will be extremely useful for those whose work or research covers the fields of economics, urban planning, or regional studies.
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Behavior of the Household with Land
Impact of alandownership on Residential Land
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Landownership and Residential Land Use in Urban Economies: Existence and ...
No preview available - 2012
a-land absentee landownership model affected by changes amount of land analyses Assumption 3.5 autarkic basic model bid rent curve bid rent function bid-max lot boundary rent curve Chapter circular area city residents city's land class 2 households comparative statics curve moves upward decreases define demand for land depicted in Figure effective distance equilibrium land rent equilibrium utility level examine the impact existence and uniqueness Fujita group of city Hence highest utility level indifference curve Kagawa University land market land rent curve land rent income land use equilibrium landownership on residential landownership parameter Lemma location parameter lot size function Masahisa Fujita maximum utility model of residential moves outward optimal lot Proposition 4.2 public landownership model Rb(r rent curve moves represents residential land residents is assumed subset TDR(D total land rent TRa(D transport cost TRs(D urban economics urban fringe utility function