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Uncovering inequality through multifractality of land prices: 1912 and contemporary Kyoto

Salat, H; Murcio, R; Yano, K; Arcaute, E; (2018) Uncovering inequality through multifractality of land prices: 1912 and contemporary Kyoto. PLoS ONE , 13 (4) , Article e0196737. 10.1371/journal.pone.0196737. Green open access

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Abstract

Multifractal analysis offers a number of advantages to measure spatial economic segregation and inequality, as it is free of categories and boundaries definition problems and is insensitive to some shape-preserving changes in the variable distribution. We use two datasets describing Kyoto land prices in 1912 and 2012 and derive city models from this data to show that multifractal analysis is suitable to describe the heterogeneity of land prices. We found in particular a sharp decrease in multifractality, characteristic of homogenisation, between older Kyoto and present Kyoto, and similarities both between present Kyoto and present London, and between Kyoto and Manhattan as they were a century ago. In addition, we enlighten the preponderance of spatial distribution over variable distribution in shaping the multifractal spectrum. The results were tested against the classical segregation and inequality indicators, and found to offer an improvement over those.

Type: Article
Title: Uncovering inequality through multifractality of land prices: 1912 and contemporary Kyoto
Open access status: An open access version is available from UCL Discovery
DOI: 10.1371/journal.pone.0196737
Publisher version: https://doi.org/10.1371/journal.pone.0196737
Language: English
Additional information: This work is licensed under a Creative Commons Attribution 4.0 International License. The images or other third party material in this article are included in the article’s Creative Commons license, unless indicated otherwise in the credit line; if the material is not included under the Creative Commons license, users will need to obtain permission from the license holder to reproduce the material. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/
Keywords: Science & Technology, Multidisciplinary Sciences, Science & Technology - Other Topics, ORDINAL VARIATION, SEGREGATION, CITIES, SPACE, AREAS
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Centre for Advanced Spatial Analysis
URI: https://discovery.ucl.ac.uk/id/eprint/10034802
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