The Economic Value of Depth
Pedro Afonso Fernandes
Papers from arXiv.org
Abstract:
The main goal of this article is to introduce an economic perspective in the social logic of space. Firstly, we describe the economic model of a linear city to show how depth can generate value by creating local monopolies in less integrated spaces. Then, a new syntactic measure, the d-value, is proposed to capture the relation between the depth of some space from outside and the mean depth of all spaces from outside. An application to a public housing estate suggests that economic activities and services may be located in spaces with a d-value close to one. The article is complemented by a Prolog programme with a special predicate to compute the d-value.
Date: 2025-06
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2506.15354
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