Surpluses in Disequilibrium Urban Land Markets
研究了城市土地市场非均衡状态下住宅区的收入剩余指数，以巴尔的摩大都市区1978年数据为例，发现高剩余区域吸引家庭迁入。
It is unlikely that urban land markets are in equilibrium. If land markets are out of equilibrium, zones within an urban area would have residential location surpluses. This paper shows how to derive and estimate an index of income surplus by residential zone. The procedure is applied to the Baltimore Metropolitan Area for 1978. Households should be at attracted to zones with high surpluses. A comparison of the estimated location surpluses and growth rates for the Baltimore area show this correspondence.