Smr 13/10/16, P-P. Combes


10h45 - 12h00

Salle de réunion 009 GATE Lyon Saint-Etienne
10, Rue Tréfilerie
42023 Saint Etienne Cedex 2

Campus Tréfilerie - GATE LSE - Maison de l'Université Bâtiment B

Pierre-Philippe Combes, GATE Lyon Saint-Etienne, présentera un séminaire intitulé : The Costs of Agglomeration : House and Land Prices in French Cities.

Thème de recherche / Main topics : Urban Economics

Pierre-Philippe Combes

 The Costs of Agglomeration : House and Land Prices in French Cities

Résumé / abstract  :

We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French house and land price data. After handling a number of estimation concerns, we find that the elasticity of urban cost increases with city population with an estimate of about 0.04 for an urban area with 100,000 inhabitants to 0.10 for an urban area of the size of Paris. Our approach also yields a number of intermediate outputs of independent interest such as the share of housing in expenditure, the elasticity of unit house and land prices with respect to city population, and distance gradients for house and land prices.

Co-auteurs/Joint work with  : Gilles Duranton & Laurent Gobillon