Building the City: Urban Transition and Institutional Frictions
We model the evolution of the built environment over time and space in a growing city. Durable formal sector buildings can be built high, unlike informal that are malleable. With city growth, areas are initially developed informally, then formally, and then redeveloped periodically. Political/institutional costs of converting slum to formal sector usage delay development. We analyse Nairobi for 2003/4 and 2015 using unique data on building footprints and heights. In that period, volume in the city core increases by 50-60% driven by increased height of redeveloped buildings. We calibrate the high welfare cost of delayed conversion of older slums.
|Date of creation:||Apr 2016|
|Contact details of provider:|| Web page: http://www.spatialeconomics.ac.uk/SERC/publications/default.asp|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Solow, Robert M. & Vickrey, William S., 1971. "Land use in a long narrow city," Journal of Economic Theory, Elsevier, vol. 3(4), pages 430-447, December.
- Riley, John G., 1974. "Optimal residential density and road transportation," Journal of Urban Economics, Elsevier, vol. 1(2), pages 230-249, April.