Rent-commuting cost function versus rent-distance function

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This paper develops a new way to present standard urban models graphically and a new rent function called the rent-commuting cost function. The rent-commuting cost function represents the relationship between rent and total commuting cost. At least theoretically, it is superior to the traditional rent-distance function in depicting and measuring stylized facts of the city because its gradient is independent of the functional form of the commuting cost function and falls as household income rises.
Publisher
BLACKWELL PUBLISHING
Issue Date
2002-11
Language
English
Article Type
Article
Citation

JOURNAL OF REGIONAL SCIENCE, v.42, pp.773 - 791

ISSN
0022-4146
URI
http://hdl.handle.net/10203/250849
Appears in Collection
MG-Journal Papers(저널논문)
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