How do we usefully describe a market c d wang czhao

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Unformatted text preview: • Parking lot = absence of apartment buildings: less population 5 The Geography of Demand: The Market Definition: A Market is a set of consumers. How do we usefully describe a market? c D. Wang & C.Zhao, 2006 9 5 THE GEOGRAPHY OF DEMAND: THE MARKET 1. Spatially: (natural, competitive boundaries) Bounding a spatial market • especially competitive boundary, our techniques were delimiting these 2. Population size (Ch. 9): numbers, distribution & density, population change • 27 CMA’s have 64% of population; 4 large urban regions have more than 50% (extended golden horseshoe, Montreal region, BC’s lower mainland, Calgary–Edmonton corridor) • CMA = functional region • top 25 CMA have 64% population and 69% income ⇒ concentration of income • population density: distance decay; more people at CBD (core) and more accessible suburban places • Two ways population can change: 1)net migration, 2)natural death and birth P2 = P1 + (B – D) + (I – E) 3. Socio-economic status (Ch. 5,6,7): income, education, occupation • concentric sectorial, multiple nuclei (many downtowns) • reinforced by transportation • GTA still downtown concentrated (in terms of income) • ↑ education, ↑ income • focus on middle to high income groups 4. Demographic: age, sex, life-cycle, population pyramids(by age and sex) • ↑ complexity of households • Victoria is female biased because there is government there (more female work in government), and many elderly (women live longer in general) • To predict change in demographic (age/sex) composition: (a) age specific death rates by sex (b) age specific in–migration by sex (in 20s, after finish their degree) (c) age specific out–migration by sex (in 20s, after finish their degree) (d) birth into the pyramid/population by sex (population at risk in Canada) • Life cycle: as we grow older, our demand is different 5. Ethnicity: ethnic origins, language, religion, birthplace • Example: many Jewish immigrants directly go to suburban because (a) they can affo...
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This document was uploaded on 01/28/2014.

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