An Economic Theory Of Cities

Author : J. Vernon Henderson
Publisher : Academic Press
Page : 274 pages
File Size : 47,9 Mb
Release : 2014-06-28
Category : Business & Economics
ISBN : 9781483294889

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Economic Theory and the Cities by J. Vernon Henderson Pdf

The Second Edition of Economic Theory and the Cities has been revised and expanded with both the graduate student and the practicing professional in mind. Providing a state-of-the-art synthesis of important theoretical topics in urban economics, the volume emphasizes the fundamental links between urban economics and new developments in mainstream economic theory. From the Preface: In this book I present what I believe to be the most important theoretical topics in urban economics. Since urban economics is a rather diffuse field, any presentation is necessarily selective, reflecting personal tastes and opinions. Given that, I note on what basis I chose the material that is presented and developed. First, the basic spatial model of a monocentric city is presented, since it lays the foundation for thinking about many of the topics in urban economics. The consideration of space and spatial proximity is one central feature of urban economics that distinguishes it from other branches of economics. The positive and negative externalities generated by activities locating in close spatial proximity are central to analysis of urban phenomena. However, in writing this book I have tried to maintain strong links between urban economics and recent developments in mainstream economic theory. This is reflected in the chapters that follow, which present models of aspects of the most important topics in urban economics--externalities, housing, transportation, local public finance, suburbanization, and community development. In these chapters, concepts from developments in economics over the last decade or so are woven into the traditional approaches to modeling these topics. Examples are the role of contracts in housing markets and community development; portfolio analysis in analyzing housing tenure choice and investment decisions; the time-inconsistency problem in formulating long-term economic relationships between communities, developers, and local governments; search in housing markets; and dynamic analysis in housing markets and traffic scheduling. The book ends with chapters on general equilibrium models of systems of cities, demonstrating how individual cities fit into an economy and interact with each other. This book is written both as a reference book for people in the profession and for use as a graduate text. In this edition, a strong effort has been made to present the material at a level and in a style suitable for graduate students. The edition has greatly expanded the sections on housing and local public finance so these sections could be studied profitably by a broad range of graduate students. Recommended prerequisites are an undergraduate urban economics course and a year of graduate-level microeconomic theory. It is possible that the book can be used in very advanced undergraduate courses if the students are well versed in microeconomics and are quantitatively oriented. Focus on the basic spatial model of the monocentric city Expanded sections on housing and local public finance Discussion of the critical role of spatial proximity of different economic activities, such as housing, transportation, and community development

Author : Yorgos Y. Papageorgiou,David Pines
Publisher : Springer Science & Business Media
Page : 327 pages
File Size : 40,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461549475

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An Essay on Urban Economic Theory by Yorgos Y. Papageorgiou,David Pines Pdf

Over the past thirty years, urban economic theory has been one of the most active areas of urban and regional economic research. Just as static general equilibrium theory is at the core of modern microeconomics, so is the topic of this book - the static allocation of resources within a city and between cities - at the core of urban economic theory. An Essay on Urban Economic Theory well reflects the state of the field. Part I provides an elegant, coherent, and rigorous presentation of several variants of the monocentric (city) model - as the centerpiece of urban economic theory - treating equilibrium, optimum, and comparative statistics. Part II explores less familiar and even some uncharted territory. The monocentric model looks at a single city in isolation, taking as given a central business district surrounded by residences. Part II, in contrast, makes the intra-urban location of residential and non-residential activity the outcome of the fundamental tradeoff between the propensity to interact and the aversion to crowding; the resulting pattern of agglomeration may be polycentric. Part II also develops models of an urbanized economy with trade between specialized cities and examines how the market-determined size distribution of cities differs from the optimum. This book launches a new series, Advances in Urban and Regional Economics. The series aims to provide an outlet for longer scholarly works dealing with topics in urban and regional economics.

Author : Masahisa Fujita
Publisher : Cambridge University Press
Page : 380 pages
File Size : 47,7 Mb
Release : 1991-01-25
Category : Business & Economics
ISBN : 052139645X

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Urban Economic Theory by Masahisa Fujita Pdf

This book examines the economic reasons why people choose to live where they live and develops, through analysis of the bid rent function, a unified theory of urban land use and city size. The first part of the book explicates the basic theory of urban land use and optimal city size. Residential location behavior of households is examined in a microeconomic framework and equilibrium and optimal patterns of residential land use are discussed. The corresponding equilibrium and optimal city sizes are studied in a variety of contexts. Part Two extends the classical theories of von Thunen and Alonso with the addition of externality factors such as local public goods, crowding and congestion, and racial prejudice. The rigorous mathematical approach and theoretical treatment of the material make Urban Economic Theory of interest to researchers in urban economics, location theory, urban geography, and urban planning.

Author : Wei-Bin Zhang
Publisher : Springer Science & Business Media
Page : 228 pages
File Size : 41,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642560606

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An Economic Theory of Cities by Wei-Bin Zhang Pdf

Over more than two centuries the developmentofeconomic theory has created a wide array of different concepts, theories, and insights. My recent books, Capital and Knowledge (Zhang, 1999) and A TheoryofInternational Trade (Zhang, 2000) show how separate economic theories such as the Marxian economics, the Keynesian economics, the general equilibrium theory, the neoclassical growth theory, and the neoclassical trade theory can be examined within a single theoretical framework. This book isto further expand the frameworkproposed in the previous studies. This book is a part of my economic theory with endogenous population, capital, knowledge, preferences, sexual division of labor and consumption, institutions, economic structures and exchange values over time and space (Zhang, 1996a). As an extension of the Capital and Knowledge, which is focused on the dynamics of national economies, this book is to construct a theory of urban economies. We are concerned with dynamic relations between division of labor, division ofconsumption and determination of prices structure over space. We examine dynamic interdependence between capital accumulation, knowledge creation and utilization, economicgrowth, price structuresand urban pattern formation under free competition. The theory is constructed on the basisofa few concepts within a compact framework. The comparative advantage of our theory is that in providing rich insights into complex of spatial economies it uses only a few concepts and simplified functional forms and accepts a few assumptions about behavior of consumers, producers, and institutionalstructures.

Author : Jean-Marie Huriot,Jacques-François Thisse
Publisher : Cambridge University Press
Page : 476 pages
File Size : 43,7 Mb
Release : 2000-02-13
Category : Business & Economics
ISBN : 052164190X

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Economics of Cities by Jean-Marie Huriot,Jacques-François Thisse Pdf

This integrated collection of essays exploring the economic theory of cities assembles work by a number of the world's leading exponents.

Author : Jane Jacobs
Publisher : Vintage
Page : 272 pages
File Size : 47,8 Mb
Release : 2016-08-17
Category : Social Science
ISBN : 9780525432876

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Cities and the Wealth of Nations by Jane Jacobs Pdf

In this eye-opening work of economic theory, Jane Jacobs argues that it is cities—not nations—that are the drivers of wealth. Challenging centuries of economic orthodoxy, in Cities and the Wealth of Nations the beloved author contends that healthy cities are constantly evolving to replace imported goods with locally-produced alternatives, spurring a cycle of vibrant economic growth. Intelligently argued and drawing on examples from around the world and across the ages, here Jacobs radically changes the way we view our cities—and our entire economy.

Author : Anton C. Zijderveld
Publisher : Transaction Publishers
Page : 197 pages
File Size : 48,5 Mb
Release : 2011-12-31
Category : Social Science
ISBN : 9781412813860

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A Theory of Urbanity by Anton C. Zijderveld Pdf

Cities provide for people, not just functionally in terms of jobs, obligations and practical pursuits, but also, and above all, emotionally. We like some cities and detest others. Despite shared rationalizations and common modes of administration and design, each city has its own culture. A culture is typically human in that it contains all dimensions of the human, personal condition--from the lowest to the most sublime. Urban culture comprises both economic and civic culture, and is the source of a city's vitality. For today's urban sprawls, which have a weak and failing economic and civic culture, the task of the urban administration and various economic and civic organizations is to strengthen conditions that can prevent the emergence of urban anomie. With suburbanization, the edge city, and the emergence of cyberspace, some argue that cities, as integrated places of working and living, are things of the past. Zijderveld argues that people are and remain social animals, who like and need one another's company, particularly in their economic, socio-cultural, and political activities. Throughout the ages, cities have provided the environment in which people fulfill these needs. Anton Zijderveld discusses urban preferences, the organizations and ramifications of urbanity, the modernization of urban culture, the uneasy alliance between urbanity and the interventionist state, and the cultural dimensions of urban renewal. Zijderveld sees the economic and civic culture of the city as the centerpiece of contemporary urban management and contemporary urban democracy. In this sense, the new technology is an ally of the new urban renewal. Most postmodern treatises on the end of the city are impressionistic and unsystematic. In contrast, Zijderveld puts the qualitative dimensions of city life into focus, catching its pulse and cultural rhythms in a systematic context that prior studies have lacked. As such, it will be of great interest to urban administrators, planning experts, and students of urban studies.

Author : Paul R. Krugman
Publisher : MIT Press
Page : 132 pages
File Size : 44,6 Mb
Release : 1997
Category : Business & Economics
ISBN : 026261135X

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Development, Geography, and Economic Theory by Paul R. Krugman Pdf

Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry.

Author : Daniel A. Griffith,C. Amrhein,Jean-Marie Huriót
Publisher : Springer Science & Business Media
Page : 222 pages
File Size : 55,6 Mb
Release : 1998-03-31
Category : Business & Economics
ISBN : 0792349156

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Econometric Advances in Spatial Modelling and Methodology by Daniel A. Griffith,C. Amrhein,Jean-Marie Huriót Pdf

The purpose of models is not to fit the data but to sharpen the questions. S. Karlin, 11th R. A. Fisher Memorial Lecture, Royal Society, 20 April 1983 We are proud to offer this volume in honour of the remarkable career of the Father of Spatial Econometrics, Professor Jean Paelinck, presently of the Tinbergen Institute, Rotterdam. Not one to model solely for the sake of modelling, the above quotation nicely captures Professor Paelinck's unceasing quest for the best question for which an answer is needed. His FLEUR model has sharpened many spatial economics and spatial econometrics questions! Jean Paelinck, arguably, is the founder of modem spatial econometrics, penning the seminal introductory monograph on this topic, Spatial Econometrics, with Klaassen in 1979. In the General Address to the Dutch Statistical Association, on May 2, 1974, in Tilburg, "he coined the term [spatial econometrics] to designate a growing body of the regional science literature that dealt primarily with estimation and testing problems encountered in the implementation of multiregional econometric models" (Anselin, 1988, p. 7); he already had introduced this idea in his introductory report to the 1966 Annual Meeting of the Association de Science Regionale de Langue Fran~aise.

Author : Francisco Martinez Concha
Publisher : Academic Press
Page : 296 pages
File Size : 51,7 Mb
Release : 2018-07-10
Category : Business & Economics
ISBN : 9780128152973

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Microeconomic Modeling in Urban Science by Francisco Martinez Concha Pdf

Microeconomic Modeling in Urban Science proposes an interdisciplinary framework for the analysis of urban systems. It portrays agents as rational beings modeled under the framework of random utility behavior and interacting in a complex market of location auctions, location externalities, agglomeration economies, transport accessibility attributes, and planning regulations and incentives. Francisco Javier Martinez Concha considers the optimal planning of cities as he explores interactions between citizens and between citizens and firms, the mesoscopic agglomeration of firms and the segregation of agents’ socioeconomic clusters, and the emergence of city-level scale laws. Its unified model of city life is relevant to micro-, meso- and macro-scale interactions. Presents a unified, coherent and realistic framework able to simulate complete urban systems Describes the use of discrete–choice and stochastic behavior models in the auction spatial-equilibrium market Includes computing outputs from Cube-Land modeling using GIS

Author : Jane Jacobs
Publisher : Vintage
Page : 190 pages
File Size : 40,6 Mb
Release : 2002-08-13
Category : Business & Economics
ISBN : 9781400033089

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The Nature of Economies by Jane Jacobs Pdf

From the revered author of the classic The Death and Life of Great American Cities comes a new book that will revolutionize the way we think about the economy. Starting from the premise that human beings "exist wholly within nature as part of natural order in every respect," Jane Jacobs has focused her singular eye on the natural world in order to discover the fundamental models for a vibrant economy. The lessons she discloses come from fields as diverse as ecology, evolution, and cell biology. Written in the form of a Platonic dialogue among five fictional characters, The Nature of Economies is as astonishingly accessible and clear as it is irrepressibly brilliant and wise–a groundbreaking yet humane study destined to become another world-altering classic.

Author : Jane Jacobs
Publisher : Vintage
Page : 288 pages
File Size : 48,9 Mb
Release : 2016-07-20
Category : Business & Economics
ISBN : 9780525432869

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The Economy of Cities by Jane Jacobs Pdf

In this book, Jane Jacobs, building on the work of her debut, The Death and Life of Great American Cities, investigates the delicate way cities balance the interplay between the domestic production of goods and the ever-changing tide of imports. Using case studies of developing cities in the ancient, pre-agricultural world, and contemporary cities on the decline, like the financially irresponsible New York City of the mid-sixties, Jacobs identifies the main drivers of urban prosperity and growth, often via counterintuitive and revelatory lessons.

Author : Luis M. A. Bettencourt
Publisher : MIT Press
Page : 497 pages
File Size : 48,9 Mb
Release : 2021-08-17
Category : Political Science
ISBN : 9780262366434

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Introduction to Urban Science by Luis M. A. Bettencourt Pdf

A novel, integrative approach to cities as complex adaptive systems, applicable to issues ranging from innovation to economic prosperity to settlement patterns. Human beings around the world increasingly live in urban environments. In Introduction to Urban Science, Luis Bettencourt takes a novel, integrative approach to understanding cities as complex adaptive systems, claiming that they require us to frame the field of urban science in a way that goes beyond existing theory in such traditional disciplines as sociology, geography, and economics. He explores the processes facilitated by and, in many cases, unleashed for the first time by urban life through the lenses of social heterogeneity, complex networks, scaling, circular causality, and information. Though the idea that cities are complex adaptive systems has become mainstream, until now those who study cities have lacked a comprehensive theoretical framework for understanding cities and urbanization, for generating useful and falsifiable predictions, and for constructing a solid body of empirical evidence so that the discipline of urban science can continue to develop. Bettencourt applies his framework to such issues as innovation and development across scales, human reasoning and strategic decision-making, patterns of settlement and mobility and their influence on socioeconomic life and resource use, inequality and inequity, biodiversity, and the challenges of sustainable development in both high- and low-income nations. It is crucial, says Bettencourt, to realize that cities are not "zero-sum games" and that knowledge, human cooperation, and collective action can build a better future.

Author : John F. McDonald
Publisher : Unknown
Page : 651 pages
File Size : 47,6 Mb
Release : 2010
Category : BUSINESS & ECONOMICS
ISBN : 1119112141

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Urban Economics and Real Estate by John F. McDonald Pdf

Author : William Harrall Leahy,David L. McKee,Robert D. Dean
Publisher : Unknown
Page : 354 pages
File Size : 49,9 Mb
Release : 1970
Category : Central places
ISBN : UOM:39015072124665

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Urban Economics by William Harrall Leahy,David L. McKee,Robert D. Dean Pdf

Compilation of writings on the economic theory of urbanization and urban development, with particular reference to the USA - covers urban location (incl. The location of industry) and land economics, urban planning, central place theory, future trends, etc. References and statistical tables.