Predicting Intra-Urban Residential Location Preferences: An Application of the Dynamic Generalized Linear Expenditure System
Andreas A. Andrikopoulos and
James Brox
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Andreas A. Andrikopoulos: Department of Economics, University of Waterloo, Waterloo, Ontario, Canada N2L 3G1
Urban Studies, 1985, vol. 22, issue 4, 329-337
Abstract:
The purpose of this paper is to illustrate how the allocation models widely used in traditional demand theory may be applied to: (1) evaluate future residential location preferences; (2) study the effects of locational preferences on overall urban structure and growth; (3) rank intra-urban places in terms of basic residential locational preferences; and (4) evaluate the cross-locational effects of a substantial change in spatial prices, total growth in housing expenditures, and mortgage costs on household relocation decisions. The model used in this paper is a modified version of the Dynamic Generalized Linear Expenditure System. Metropolitan Toronto, sub-divided into three sub-housing markets (East, Central and West), was chosen for the empirical application of the model.
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:22:y:1985:i:4:p:329-337
DOI: 10.1080/00420988520080561
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