Spatial Heterogeneity in Danish Urban Land Prices: The Expansion Method Philosophy and Variable Autocorrelated Residuals
Gustav Kristensen
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Gustav Kristensen: SDU, Odense University
Chapter 13 in Spatial Economic Science, 2000, pp 258-278 from Springer
Abstract:
Abstract As stated by Alonso (1964) land prices rise towards the city centre. The rising land prices create equilibrium in the urban system because in principle they compensate declining transport costs to the city centre, so that citizens are economically equal in the entire urban space. Prices are thus declining along the radial lines from the urban centre.
Keywords: Spatial Autocorrelation; City Centre; Spatial Heterogeneity; Urban Centre; Autocorrelation Coefficient (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-59787-9_13
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DOI: 10.1007/978-3-642-59787-9_13
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