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The Supply of Urban Housing: Some Empirical Results
The paper presents some of the progress on the empirical work associated with the study of the supply of urban housing. In essence, what is being sought are good estimates of urban housing supply elasticities, where two dimensions of housing are considered, density and the quality of each dwelling unit. These elasticities will ultimately be used within an aggregate urban model. In section I an empirical technique was developed such that by comparing the changes in total expenditures per area and land value per areas one could estimate the quality and density supply elasticities implied.
The Supply of Urban Housing: Some Empirical Results
The paper presents some of the progress on the empirical work associated with the study of the supply of urban housing. In essence, what is being sought are good estimates of urban housing supply elasticities, where two dimensions of housing are considered, density and the quality of each dwelling unit. These elasticities will ultimately be used within an aggregate urban model. In section I an empirical technique was developed such that by comparing the changes in total expenditures per area and land value per areas one could estimate the quality and density supply elasticities implied.
The Supply of Urban Housing: Some Empirical Results
B. A. Smith (author)
1973
17 pages
Report
No indication
English
NTIS | 1973
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