The Costs of Agglomeration: Land Prices in French Cities

Pierre-Philippe Combes, Gilles Duranton and Laurent Gobillon

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Abstract: We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent interest such as a distance gradient for land prices and the elasticity of unit land prices with respect to city population. For the latter, our preferred estimate is 0.72.

Keywords: agglomeration; urban costs; land prices; land use (search for similar items in EconPapers)
Date: 2012-11
New Economics Papers: this item is included in nep-agr, nep-geo and nep-ure
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00793632v1
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Citations: View citations in EconPapers (50)

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Related works:
Working Paper: The Costs of Agglomeration: Land Prices in French Cities (2013)
Working Paper: The Costs of Agglomeration: Land Prices in French Cities (2013)
Working Paper: The Costs of Agglomeration: Land Prices in French Cities (2012)
Working Paper: The Costs of Agglomeration: Land Prices in French Cities (2012)
Working Paper: The Costs of Agglomeration: Land Prices in French Cities (2012)
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