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  • Is urban land price adjustment more sluggish than housing price adjustment? empirical evidence
  • This article hypothesises that, due to factors such as thin trading and lack of publicly available data on transactions in the Helsinki Metropolitan Area land market, urban land prices react more sluggishly to shocks in market fundamentals than
  • housing prices do. The results suggest that new information regarding the market fundamentals is more rapidly reflected in housing prices than in land prices. Nevertheless, it is the housing price level, instead of land prices, that adjusts towards
  • a cointegrating long-run equilibrium between housing prices, land prices and construction costs.
  • Location, price and cost in the United Kingdom cement industry
  • U.K. cement manufacturers have operated, and been able to justify, a Common Pricing Agreement since 1934. The Price Commission has recently argued that the industry's prices should reflect costs of production and distribution more closely
  • . By estimating cost-plus prices for the industry and comparing them with present prices, this paper suggests how much spatial cross-subsidization exists in cement prices, and discloses how the Agreement permits different corporate strategies to coexist.
  • Creative financing, house prices, and property tax inequities
  • The paper examines the distorsion in house prices caused by the use of creative financing and the horizontal and vertical inequities in property tax assessments that can result if the proper adjustment of prices for financing is not made.
  • Marginal cost pricing and the efficient provision of public recreation
  • Supply and demand functions for public campground recreation are derived, and subsequently equilibrated to estimate both the efficient price of campground use and the social costs of diverging from that price.
  • The effects of fuel prices on house prices
  • Optimum location of hierarchical production units with respect to price-elastic demand
  • Economic cost ; Location ; Market ; Optimal location ; Pricing ; Spatial equilibrium ; Transport cost
  • The main objective of the study is to consider explicitly the ways in which alternative spatial pricing policies will affect location choice. The maximum-profit location is obtained by balancing price, demand, production cost, and transportation
  • Spatial competition and price reporting in retail food markets
  • Consumer behaviour ; Market area ; Pricing ; Retail trade ; Spatial autocorrelation ; Spatial competition
  • Spatial competition in retail food markets is examined, with emphasis on the geographic variations in prices among proximate rival firms. The concepts of Löschian, Hotelling-Smithies, and Greenhut-Ohta competition are reviewed, and the conjectural
  • implications in pricing policy noted.
  • Mill and uniform pricing: a comparison
  • Consumer behaviour ; Location ; Market ; Market area ; Price fixing ; Profit ; Spatial economy
  • The AA. examine profit, price, output and welfare under mill and uniform pricing in a monopolistic spatial market with nonlinear demand, a general consumer distribution function, and a general transportation cost function.
  • Oligopoly pricing in the world wheat market
  • In the first section, the two duopoly models are reviewed. The second section discusses the evidence for the formation of the triopoly, and the third section develops a model of triopoly pricing. Price determination and the implications
  • of the triopoly for the future wheat prices are discussed in the final two sections. (INRA).
  • Price regulation in a spatial duopoly with possible non-buyers
  • Agglomeration ; Economic equilibrium ; Location ; Market ; Price fixing ; Spatial competition
  • Minimum differentiation is never total-surplus-maximizing nor desired by firms. In most cases the regulator sets a price below that maximizing industry profits. For a substantial range of market configurations the regulated (first-best) price
  • Optimum firm location under factor-price uncertainty
  • This paper presents a cost-minimizing location model to investigate the theoretical impacts and implication of factor-price uncertainty on the optimum location decision of the firm in linear space. It will be shown that increased input price
  • uncertainty leads the firm to move its factory towards the site of the price uncertain imput.
  • Uniform pricing versus mill pricing
  • Competition ; Enterprise ; Firm strategy ; Market ; Market area ; Model ; Price fixing ; Spatial economy
  • The price of land for housing in Jakarta
  • Distance from city centre ; Hedonistic model ; Indonesia ; Jakarta ; Jawa ; Land value ; Land;Real estate ; Pricing ; Real estate market ; Residence ; Urban area
  • This paper discusses the distribution of land prices in Jakarta using information provided on a neighbourhood basis by experienced real estate brokers. Different types of residential plot are distinguished and the data show the relative importance
  • of infrastructural provision and tenure for land prices. Recent price increases have been consistently greater in suburban areas and in informal sector plots.
  • Testing for the law of one price and identifying price-leading markets : an application to corn markets in Benin
  • Agricultural product ; Benin ; Cereal ; Location ; Market ; Price ; Price fixing ; Transaction cost
  • Can spatially variable prices ever be fair? Some observations on the Price Commission's judgements on British cement prices
  • Regional productivity and relative price dynamics : the case of Italy
  • Economic behaviour ; Italy ; Living standard ; Methodology ; Price fixing ; Productivity ; Regional disparities ; Regional economy ; Statistics
  • The AA. study the cointegrating space spanned by Italian regional relative prices and per capita GDPs. They combine panel data with vector error correction model estimation in an approach which is still under development. Regional prices, which
  • deviate from the law of one price, cointegrate with relative per capita GDPs.
  • Urban consolidation and house prices : a case study of Melbourne 1990-2004
  • Australia ; Housing ; Housing cost ; Housing market ; Market segmentation ; Melbourne ; Price fixing ; Real estate development ; Spatial distribution ; Victoria
  • The paper explores the links between a strategic policy and house prices by examining the changes in the mix of housing and in house price. Urban consolidation could be seen as a source of additional supply but also as a stimulus to demand
  • (by developers). Analyses were carried out at the metropolitan and sub-regional scales. This policy has not been associated with price changes.
  • Spatial competition amongst hierarchically organized corporations: prices, profits, and shipment patterns
  • Competition ; Firm strategy ; Market ; Price fixing ; Profit maximization ; Retail trade ; Spatial economy ; Spatial equilibrium
  • The A. develops an approach to the modeling of spatial pricing. He hypotheses that competition between corporations takes place at two spatial scales. At the intraurban scale, corporations compete for market share through their franchise sites
  • , and competition is defined in terms of the strategies of the individual corporations as they adjust their delivered prices to urban markets in response to changes in their costs of production and distribution. There exists at least one spatial price equilibrium.
  • Housing prices in Tucson, Arizona
  • The hedonic approach is used to analyze selling prices for housing units. Ordinary least-squares regression is used to estimate implicit prices for the amount of living space, age of the unit, and other housing attributes in this fastly growing city
  • . Price premiums are estimated for nine different real estate districts. Spatial heterogeneity in selling prices is addressed.
  • Estimating inter-city differences in the price of housing services