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An Empirical Analysis of the Space Rent and Land Rent within a Central Business District

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  • K Sasaki

    (Research Center for Applied Information Sciences, Tohoku University, 1-1-2-chome, Katahira, Sendai 980, Japan)

Abstract

The structure of rents of space and land within a central business district (CBD) is empirically analyzed on the basis of a simple equilibrium concept in the space and land markets. The land-rent and space-rent functions are set up in a recursive way. Two alternative models, of linear and log-linear form, are applied to the data of the CBD in Sendai City in Japan for three different years.

Suggested Citation

  • K Sasaki, 1991. "An Empirical Analysis of the Space Rent and Land Rent within a Central Business District," Environment and Planning A, , vol. 23(1), pages 139-146, January.
    • Handle: RePEc:sae:envira:v:23:y:1991:i:1:p:139-146
    DOI: 10.1068/a230139
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    References listed on IDEAS

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    1. Tauchen, Helen & Witte, Ann D., 1984. "Socially optimal and equilibrium distributions of office activity: Models with exogenous and endogenous contacts," Journal of Urban Economics, Elsevier, vol. 15(1), pages 66-86, January.
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    Cited by:

    1. Chakarin Bejrananda & Yuk Lee & Thanchanok Khamkaew, 2015. "The Spatial Pattern of Economic Rents of An Airport Development Area: Lessons Learned from the Suvarnabhumi International Airport, Thailand," Proceedings of International Academic Conferences 2604285, International Institute of Social and Economic Sciences.

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