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

Multifractal system
DOI: 10.1371/journal.pone.0196737 Publication Date: 2018-04-30T13:30:35Z
ABSTRACT
Multifractal analysis offers a number of advantages to measure spatial economic segregation and inequality, as it is free categories boundaries definition problems insensitive some shape-preserving changes in the variable distribution. We use two datasets describing Kyoto land prices 1912 2012 derive city models from this data show that multifractal suitable describe heterogeneity prices. found particular sharp decrease multifractality, characteristic homogenisation, between older present Kyoto, similarities both London, Manhattan they were century ago. In addition, we enlighten preponderance distribution over shaping spectrum. The results tested against classical inequality indicators, offer an improvement those.
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