Working Paper: CEPR ID: DP10282
Authors: Gilles Duranton; Diego Puga
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 Codes: R14
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Accessibility (Y20) | Land Prices (R31) |
| Accessibility (Y20) | Housing Prices (R31) |
| Distance from CBD (R39) | Housing Prices (R31) |
| Distance from CBD (R39) | Land Prices (R31) |
| Distance from CBD (R39) | Population Density (J11) |
| Housing Prices (R31) | Commuting Costs (R41) |
| Commuting Costs (R41) | Housing Consumption (R21) |