Influence of Various Factors on a Significance of Central Business District in Russian Vities
Journal: WORLD OF ECONOMICS AND MANAGEMENT
Year: 2024

The central business district (CBD) of a city, while a theoretical construct, nevertheless plays an important role in the development of each individual city. By its significance one can indirectly judge the uniformity of development of the city territory. The main idea of the work was to identify factors influencing the significance of the CBD. An empirical test of the price-area relationship (a consequence of Alonso’s model) was carried out using data from 25 Russian cities. The information ba