Abstract
A model of two cities is presented to provide sufficient conditions for the value of a capital improvement to be underestimated by the change in land rents.
| Original language | English |
|---|---|
| Pages (from-to) | 377-384 |
| Number of pages | 8 |
| Journal | Economics Letters |
| Volume | 15 |
| Issue number | 3-4 |
| DOIs | |
| State | Published - 1984 |