Urban Land Use
87 Pages Posted: 8 Dec 2014
Date Written: December 2014
Abstract
We provide an integrated treatment of the theoretical literature on urban land use inspired by the monocentric model, including extensions that deal with multiple endogenous business centres, various dimensions of heterogeneity, and durable housing. After presenting the theory and distilling its key empirical implications, we critically review the empirical literature on differences in prices and development across urban locations, patterns of location choices of heterogeneous households in cities, sprawl and residential decentralization, and employment decentralization.
Keywords: land use, urban structure
JEL Classification: R14
Suggested Citation: Suggested Citation