Constants used: c = 2.998×10⁸ m/s, ε_0 = 8.854×10⁻¹² F/m, μ_0 = 4π×10⁻⁷ H/m. Defaults assume PTFE (ε_r ≒ 2.3).
Left = cable cross section (inner conductor / dielectric / outer conductor) · Right = Z_0 vs b/a for four ε_r values, current point in red, 50Ω / 75Ω reference lines dashed.
A coaxial cable is a transmission line in which an electromagnetic wave propagates in the TEM mode between an inner conductor of radius a and an outer conductor of inner radius b. The per-unit-length capacitance C and inductance L follow analytically from Laplace's equation on the cross section.
Characteristic impedance Z_0 (ε_r is the dielectric constant):
$$Z_0 = \frac{60}{\sqrt{\varepsilon_r}}\,\ln\!\frac{b}{a}\ \ [\Omega]$$Per-unit-length capacitance C and inductance L:
$$C = \frac{2\pi\,\varepsilon_0\,\varepsilon_r}{\ln(b/a)}\ \ [\text{F/m}], \qquad L = \frac{\mu_0}{2\pi}\,\ln\!\frac{b}{a}\ \ [\text{H/m}]$$Propagation speed v_p, velocity factor VF and wavelength λ:
$$v_p = \frac{1}{\sqrt{LC}} = \frac{c}{\sqrt{\varepsilon_r}}, \quad \text{VF} = \frac{v_p}{c} = \frac{1}{\sqrt{\varepsilon_r}}, \quad \lambda = \frac{v_p}{f}$$Because Z_0 scales with ln(b/a), doubling the ratio b/a does not double Z_0 but only multiplies it by about 1.4. The fact that only the ratio matters — not the absolute size — is a key property of coaxial design.