Landownership and Residential Land Use in Urban Economies

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Focusing on urban residential land use, the book presents a model where city residents jointly own a circular area of land from the central business district. It explores absentee and public landownership as special cases and demonstrates the existence and uniqueness of land-use equilibrium. The analysis includes the impacts of landownership, household income, and population. By incorporating crowding externalities, the model delves into comparative statistics, making it a valuable resource for professionals in economics, urban planning, and regional studies.