Abstract
In Japan the land price has influenced each other in urban space strongly in last several years. As existing theories of land price which are based on the utility maximization theory, lack the aspect of dynamic and spatial interaction of land price. the rapid changing process of land price in Japan can not be explained well.
In this paper, the new concept of spatial relationships table of land price is introduced to explain the interaction in time and space dimensions. This table has the similar structure to the dynamic input-output table. The fundamental formulae of the behavior of land price are shown as the simultaneous difference equations.