Urban spatial adjustments resulting from rising energy costs |
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Authors: | Joseph D Albert H Stan Banton |
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Affiliation: | (1) Georgia State University, USA;(2) University of Tennessee, USA |
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Abstract: | Since the 1973 oil embargo, the cost of energy in the United States has risen dramatically. The effect on the spatial structure of cities due to higher energy cost is the subject of this paper. Within the framework of a continuous general equilibrium model, it is demonstrated that, contrary to some previous studies, cities might be expected to decentralize rather than to centralize. |
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