Economic forces underlying urban decentralization trends: a strutural model for density gradients applied to Korea
With the rapid pace of urbanization the structure of cities in developing countries is subjected to the very strong pressures of rapidly increasing population, rising incomes, and shifting factor prices. The standard procedure to document shifts in the structure of cities has been the use of density gradients. There is a quasi-universal tendency towards decentralization and the flattening of population-density gradients in all cities of the world. The shifting of density gradients is of great empirical importance to policymakers and we need to know more on how various economic and demographic forces operate to yield decentralization. Using a unique set of structural estimates for the housing and residential-land markets in Korea, this paper shows how an estimable structural model can be used to explore the specific economic forces affecting the shape of density gradients of Korean cities. Crucial estimates of the elasticity of substitution for housing in various Korean cities are presented. The indirect estimates of the shifts in the density gradients derived from the structural model are compared with the trends yielded by directly estimated density gradients. The implications of the analysis for our understanding of density gradients are drawn.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:pio:envira:v:11:y:1979:i:5:p:541-551. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Neil Hammond)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.