山口経済学雑誌

Back to Top

山口経済学雑誌 Volume 43 Issue 1-2
published_at 1995-05-31

Agglomeration Economies and House Rent

Agglomeration Economies and House Rent
Yoshimura Hiroshi
fulltext
753 KB
C050043000101.pdf
Descriptions
The aim of this paper is to show the quantitative relationship between the urban size and the agglomeration economies in present Japan. This is an approach to measure the urban externalities. The main result is that the agglomeration economies measured by the house rent are proportional to the urban size measured by the number of population (straight line), or increase more gradually than the growth of urban size (upper-wards convex). In the standard rental apartment house, either the rent increases by about 31 yen when the number of population of an area increases by 10 thousand men, or the elasticity of rent to population is about 0.18.