The costs of agglomeration: House and land prices in French cities

We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French house and land price data. After handling a number of estimation concerns, we find that the elasticity of urban costs increases with city population with an estimate of about 0.03 for...

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Bibliographic Details
Main Authors: Combes, P.-P (Author), Duranton, G. (Author), Gobillon, L. (Author)
Format: Article
Language:English
Published: Oxford University Press 2019
Subjects:
Online Access:View Fulltext in Publisher