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The Emergence Of Centrality In A Transition Economy: Comparing Land Market Dynamics Measured Under Monocentric And Semiparametric Models

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  • Christian L. Redfearn

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ABSTRACT This paper focuses on the emergence of Krakow's historic core as the city's economic center after Poland's economic reforms of 1989—reforms that introduced market forces into land markets. Using a semiparametric approach to identify pricing centers, an evolving and polycentric price surface is revealed. While the traditional city center emerges as the dominant node, the evolution of the price surface is far more complex than that found using alternative approaches. Accordingly, it yields superior explanatory power compared to simpler monocentric models and should caution against their use in metropolitan areas in transition or those that are polycentric.

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  • Christian L. Redfearn, 2006. "The Emergence Of Centrality In A Transition Economy: Comparing Land Market Dynamics Measured Under Monocentric And Semiparametric Models," Journal of Regional Science, Wiley Blackwell, vol. 46(5), pages 825-846, December.
    • Handle: RePEc:bla:jregsc:v:46:y:2006:i:5:p:825-846
    DOI: 10.1111/j.1467-9787.2006.00485.x
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    1. Kornai, Janos, 1992. "The Socialist System: The Political Economy of Communism," OUP Catalogue, Oxford University Press, number 9780198287766.
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    Cited by:

    1. Christian L. Redfearn, 2007. "Urban Complexity & Parameter Instability: Assessing Amenity Capitalization in the Presence of External Heterogeneity," Working Paper 8563, USC Lusk Center for Real Estate.
    2. Garcia-López, Miquel-Àngel, 2010. "Population suburbanization in Barcelona, 1991-2005: Is its spatial structure changing?," Journal of Housing Economics, Elsevier, vol. 19(2), pages 119-132, June.
    3. Miquel-Ángel Garcia-López & Ilias Pasidis & Elisabet Viladecans-Marsal, 2015. "Express delivery to the suburbs. The effects of transportation in Europe’s heterogeneous cities," Working Papers 2015/30, Institut d'Economia de Barcelona (IEB).
    4. Ilias-Nikiforos Pasidis & Miquel-Àngel Garcia-López & Elisabet Viladecans-Marsal, 2015. "Express delivery to the suburbs. Transport Infrastructure and European cities," ERSA conference papers ersa15p1239, European Regional Science Association.

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