Spatial patterns of urban growth: Optimum and market |
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Authors: | Masahisa Fujita |
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Affiliation: | Department of Regional Science, University of Pennsylvania, Philadelphia, Pennsylvania 19104 USA |
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Abstract: | The optimum spatial pattern of urban growth for a problem which is essentially a dynamic version of von Thünen model of land use is first studied by using a notion of bid land price curves, which is a dynamic extension of bid rent curves by Alonso [1]. Then a competitive market of which equilibrium growth path coincides with this optimum one is obtained by examining demand side properties. It is hoped in this way to throw some light for the future development of dynamic theory of urban land use. |
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