G2TT
来源类型Discussion paper
规范类型论文
来源IDDP17014
DP17014 Structural Change, Land Use and Urban Expansion
Nicolas Coeurdacier; Marc Teignier
发表日期2022-02-07
出版年2022
语种英语
摘要We develop a multi-sector spatial equilibrium model with endogenous land use: land is used either for agriculture or housing. Urban land, densely populated due to commuting frictions, expands out of agricultural land. With rising productivity, the reallocation of workers away from agriculture frees up land for cities to expand, limiting the increase in land values despite higher income and increasing urban population. Due to the reallocation of land use, the area of cities expands at a fast rate and urban density persistently declines, as in the data over a long period. As structural change slows down, cities sprawl less and land values start increasing at a faster rate, as in the last decades. Quantitative predictions of the joint evolution of density and land values across time and space are confronted with historical data assembled for France over 180 years.
主题International Macroeconomics and Finance ; Macroeconomics and Growth
关键词Structural change Land use Productivity growth Urban density
URLhttps://cepr.org/publications/dp17014-0
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545964
推荐引用方式
GB/T 7714
Nicolas Coeurdacier,Marc Teignier. DP17014 Structural Change, Land Use and Urban Expansion. 2022.
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