2006 年 36 巻 4 号 p. 885-897
This study aims measurement of bid rent function of household in Tokyo Metropolitan Area with the model of location choice of household in Urban Economics. We consider the basic model in which utility function of household is specified lot size of house and amount of composite consumer good. In addition, this study focuses on finding out the factor except for them when household select the location of house. And we consider whether the structure of the estimated bid rent function is different according to the difference of the region and the passage of time.
The results are followings ;
(1) In the passage of time from 1995 to 2000, the structure of the bid curve of the household doesn't change.
(2) The structure of the bid curve of the household changes by the region.
(3) The existence of the urban function like the station and the bank, etc. has working that raises the effect of the household utility.
JEL classification: R14, R21