Article ID Journal Published Year Pages File Type
5058134 Economics Letters 2016 5 Pages PDF
Abstract

•We compare an employment potential capitalisation model to a commuting gravity model.•Using data from the same region we find statistically indistinguishable spatial decays.•Our results hold for different functional forms of the spatial decay.

We show that an employment potential capitalisation model produces estimates of the spatial decay in employment impact on land prices that are very close to the decay observed in commuting data.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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