Mots-clés
Aménités locales Coût de transaction Coût foncier Demande Distance au CBD Foncier Industrie Japon Offre Parc industriel Usage industriel Demand Distance from city centre Industrial park Industrial use Industry Japan Land Local amenities Supply Transaction cost Amenidades locales Bienes raíces Costo de transacción Demanda Distancia al centro de negocios Industria Japón Oferta Uso industrialEstimating the willingness to pay of industrial firms for Japanese industrial parks
Auteur(s) et Affiliation(s)
ITO, R.
Dept. of Economics, Univ., Nagoya-City, Japon
Description :
This article investigates the determinants of the willingness to pay (WTP) of industrial firms and the sales price of public companies for industrial parks, and the gap between the two. Testing the model reveals two important differences between firms’ WTP and sales price. First, the sale price is decided in order to cover the development cost since only the sale price is influenced by the average land price of each region while WTP is not. Secondly, the current demand of the industrial sector is insufficiently represented in the sales price; this is because firms’ WTP is significantly more sensitive than suppliers’ sales prices in terms of accessibility to both large and small cities and agglomeration economies.
Type de document :
Article de périodique
Source :
Urban studies (Harlow), issn : 0042-0980, 2013, vol. 50, n°. 13, p. 2735-2765, nombre de pages : 31, Références bibliographiques : 2 p.
Date :
2013
Editeur :
Pays édition : Royaume-Uni, Harlow, Longman Group
Langue :
Anglais
Anglais
Droits :
Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI)
Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI)