On Interregional Price Differentials
Takatoshi Tabuchi
The Japanese Economic Review, 2001, vol. 52, issue 1, 104-115
Abstract:
It is often observed that the land value is extremely high in very big cities while commodity prices are not. The objective of this paper is to consider interregional price differentials in a microeconomic framework by explicitly incorporating land for housing, and to conduct an empirical analysis of the interregional differential indices. It is revealed that across regions the CPI varies slightly, per capita income varies more, the housing rent varies still more and the land value varies the most in Japanese cities. I provide microeconomic reasons for the differences in these differentials. JEL Classificiation Numbers: R00, R10.
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (24)
Downloads: (external link)
https://doi.org/10.1111/1468-5876.00184
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:jecrev:v:52:y:2001:i:1:p:104-115
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1352-4739
Access Statistics for this article
The Japanese Economic Review is currently edited by Akira Okada
More articles in The Japanese Economic Review from Japanese Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery (contentdelivery@wiley.com).