Economics of Cities: Theoretical Perspectives
Cambridge University Press, Feb 13, 2000 - Business & Economics - 452 pages
Since cities are likely to play an even more predominant role in the global economy in the future than they do at present, it is important to understand how urban centers are created, grow, and function in the process of generating and distributing wealth. This integrated collection of essays exploring the new economic theory of cities assembles recent work by a number of the world's leading exponents in North America, the UK/Europe, and Japan. Topics investigated include cities and agglomeration, urban systems, urbanization and growth, and cities and factor markets. The perspectives the editors and contributors offer have strong connections with several branches of modern economics, including industrial organization, public economics, international trade, and endogenous growth and economic development.
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A-good Abdel-Rahman activities agglomeration agricultural analysis assume assumption Brueckner central place theory centripetal force communication commuting costs consumers consumption decentralization decreasing density differentiated distance duocentric dynamic economic geography Economic Review Economic Theory edge cities effect efficiency wage endogenous entrepreneurs equation equilibrium configurations equilibrium utility existence externalities factors Figure financial centers firms fixed costs force formation Fujita geographical given growth Henderson higher households implies income increasing returns industrial interactions Journal of Economics Journal of Urban Krugman land rent maximize metropolis microeconomic monocentric model monopolistic competition number of cities optimal output parameters Pareto distribution population population density product differentiation production profit redevelopment Regional Science residential returns to scale rural areas Science and Urban Section sector skill level space spatial structure symmetrical equilibrium system of cities Thiinen Thisse trade transport costs unemployed unit Urban Economics urban equilibrium urban system utility level Zenou