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• W2097980767 abstract "In this paper, I examine the development of the spatial structure of house prices. Due to consumer preferences for access over amenity value, there is a spatial disparity of house prices. According to Alonso's extension of von Thunen's theory, the relationship between house prices in urban and rural areas tends to follow certain principles. This relationship is more often negative than positive, i.e. the price of a standardized unit of housing declines with increasing distance from a central business district (CBD). It has been documented that this relationship is negative for Iceland, as well as in many other regions. I will argue that this relationship has become increasingly marked in Iceland, most likely due to the more rapid growth of the knowledge-based industry and, thus, the increased significance of localization and urbanization economies. A macro panel data set from Iceland will be used, representing several essential variables of the residential housing market for 19 counties in Iceland from 19�1 to 2004." @default.
• W2097980767 created "2016-06-24" @default.
• W2097980767 creator A5011989201 @default.
• W2097980767 date "2007-01-01" @default.
• W2097980767 modified "2023-09-26" @default.
• W2097980767 title "Modern industrial structure and development of house price spatial disparity" @default.
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• W2097980767 hasPublicationYear "2007" @default.
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