Urban Structure in Troubled Times: The Evolution of Principal and Secondary Core/Periphery Gaps through the Prism of Residential Land Values

The structure of modern cities is characterized by the uneven spatial distribution people and activities. Contrary to economic theory, it neither evenly distributed nor entirely monocentric. observed reality result various feedbacks in context interactions attraction repulsion. Heretofore, there no agreement concerning means measuring dimensions these interactions, framework for explaining them. We propose a simple model an associated method testing using residential land values. claim that values reflect attractiveness each location, including its observable unobservable characteristics. extract from prices residences applying dedicated hedonic extensive real estate transaction data at detailed level. resulting urban location are ideal candidate measure degree centrality or peripherality location. Moreover, assessment over time indicates ongoing centralization peripheralization processes. Using small highly urbanized country as test case, this paper illustrates how dynamics gap between central peripheral areas can be assessed.