We thank three anonymous referees, and the editor for helpful comments and suggestions. Fundings from the National Social Science Foundation (07&ZD017) and the 985 Project of Hunan University are gratefully acknowledged.
A CONSOLIDATED MODEL OF MONOCENTRIC CITIES AND AN EMPIRICAL ANALYSIS OF URBAN SCALES AND LAND PRICES IN CHINESE CITIES*
Article first published online: 12 OCT 2010
© 2010, Wiley Periodicals, Inc.
Journal of Regional Science
Volume 51, Issue 2, pages 371–398, May 2011
How to Cite
He, M., Ke, S. and Song, Y. (2011), A CONSOLIDATED MODEL OF MONOCENTRIC CITIES AND AN EMPIRICAL ANALYSIS OF URBAN SCALES AND LAND PRICES IN CHINESE CITIES*. Journal of Regional Science, 51: 371–398. doi: 10.1111/j.1467-9787.2010.00692.x
- Issue published online: 21 APR 2011
- Article first published online: 12 OCT 2010
- Received: August 2008; revised: August 2009; accepted: December 2009.
ABSTRACT Motivated by the newly established Chinese urban land markets, we develop a theoretical model that unifies the “closed” and “open” features of the classical monocentric city model. The model features interactions between permanent urban residents and migrants and exhibits a distinctive equilibrium pattern. The theoretical model is tested empirically, using recent Chinese city-level data. The empirical findings indicate that market forces now play an important role in urban expansion and land price formation, while various forms of government planning are still influential. Our results show that migrants exert a less pronounced impact than the classical “open” city model has suggested.