2005 Fiscal Year Final Research Report Summary
An Empirical Study of Urban Agglomeration
| Project/Area Number |
16610002
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
都市
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| Research Institution | THE UNIVERSITY OF TOKYO |
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Principal Investigator |
KANEMOTO Yoshitsugu THE UNIVERSITY OF TOKYO, FACULTY OF ECONOMICS, PROFESSOR, 大学院・経済学研究科, 教授 (00134198)
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| Project Period (FY) |
2004 – 2005
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| Keywords | Urban Employment Area / Agglomeration Economies / Henry George Theorem / City Size / Prefectural Income Account / Private Capital Stock / Social Overhead Capital / Employed Persons |
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| Research Abstract |
We have construced database for Urban Employment Areas (UEA), estimated the magnitudes of urban agglomeration economies on the production and consumption sides, and conducted a test of optimal city sized based on the Henry George Theorem. Specific results are outlined below. We have also constructed the Urban Employment Area Homepage to distribute the database to interested researchers. Its address is
http://www.urban.e.u-tokyo.ac.jp/UEA/index.htm
1. Construction of UEA database
We have constructed an UEA database of production, private capital stock, social capital stock, employment, commuting time, snowfall days, etc.
2. Estimation of agglomeration economies
We applied the three stage GMM estimation technique to a panel data of metropolitan areas, and estimated production side agglomeration economies.
We have developed an estimation technique that uses municipal level commting time data to estimate the consumption side agglomeration economies. The technique is applied to 1998 data to obtain the estimates of agglomeration economies.
3. Test of optimal city size based on the Henry George Theorem
We have examined whether the Henry George Theorem for optimal city size is satisfied. Tokyo and Osaka have a higher land value/Pigouvian subsidy ratio than other cities. This indicates that Tokyo and Osaka are too large on the basis of this criterion.
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Research Products
(3 results)
