Economic Theory And The Cities


Economic Theory And The Cities
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Economic Theory And The Cities


Economic Theory And The Cities
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Author : J. Vernon Henderson
language : en
Publisher: Academic Press
Release Date : 2014-06-28

Economic Theory And The Cities written by J. Vernon Henderson and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-28 with Business & Economics categories.


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



An Essay On Urban Economic Theory


An Essay On Urban Economic Theory
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Author : Yorgos Y. Papageorgiou
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

An Essay On Urban Economic Theory written by Yorgos Y. Papageorgiou and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


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.



Economics Of Cities


Economics Of Cities
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Author : Jean-Marie Huriot
language : en
Publisher: Cambridge University Press
Release Date : 2000-02-13

Economics Of Cities written by Jean-Marie Huriot and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-02-13 with Business & Economics categories.


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



Urban Economic Theory


Urban Economic Theory
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Author : Masahisa Fujita
language : en
Publisher: Cambridge University Press
Release Date : 1991-01-25

Urban Economic Theory written by Masahisa Fujita and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-01-25 with Business & Economics categories.


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.



An Economic Theory Of Cities


An Economic Theory Of Cities
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Author : Wei-Bin Zhang
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

An Economic Theory Of Cities written by Wei-Bin Zhang and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


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.



Cities Agglomeration And Spatial Equilibrium


Cities Agglomeration And Spatial Equilibrium
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Author : Edward Ludwig Glaeser
language : en
Publisher: Oxford University Press
Release Date : 2008

Cities Agglomeration And Spatial Equilibrium written by Edward Ludwig Glaeser and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.


Using a series of simple models and economic theory, Glaeser illustrates the primary features of urban economics including the concepts of spatial equilibrium and agglomeration economies.



Cities Agglomeration And Spatial Equilibrium


Cities Agglomeration And Spatial Equilibrium
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Author : Edward L. Glaeser
language : en
Publisher: OUP Oxford
Release Date : 2008-07-03

Cities Agglomeration And Spatial Equilibrium written by Edward L. Glaeser and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07-03 with Business & Economics categories.


220 million Americans crowd together in the 3% of the country that is urban. 35 million people live in the vast metropolis of Tokyo, the most productive urban area in the world. The central city of Mumbai alone has 12 million people, and Shanghai almost as many. We choose to live cheek by jowl, in a planet with vast amounts of space. Yet despite all of the land available to us, we choose to live in proximity to cities. Using economics to understand this phenomenon, the urban economist uses the tools of economic theory and empirical data to explain why cities exist and to analyze urban issues such as housing, education, crime, poverty and social interaction. Drawing on the success of his Lindahl lectures, Edward Glaeser provides a rigorous account of his research and unique thinking on cities. Using a series of simple models and economic theory, Glaeser illustrates the primary features of urban economics including the concepts of spatial equilibrium and agglomeration economies. Written for a mathematically inclined audience with an interest in urban economics and cities, the book is written to be accessible to theorists and non-theorists alike and should provide a basis for further empirical work.



Cities And The Wealth Of Nations


Cities And The Wealth Of Nations
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Author : Jane Jacobs
language : en
Publisher: Vintage
Release Date : 2016-08-17

Cities And The Wealth Of Nations written by Jane Jacobs and has been published by Vintage this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-17 with Social Science categories.


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.



Urban Competitiveness


Urban Competitiveness
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Author : Peter Kresl
language : en
Publisher: Routledge
Release Date : 2014-08-27

Urban Competitiveness written by Peter Kresl and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-27 with Business & Economics categories.


During the past 25 years the burden of managing economic policy for competitiveness has devolved to cities and to urban regions. National governments have increasingly been focused on staving off fiscal collapse. Mayors and local administrations have become very creative and active in looking after the state of their local economy and have developed extensive agencies for inter-city cooperation and action. This book explores this evolving role of cities and urban regions. Intelligent and rational policy must be based on an accurate understanding of the situation at hand and of the economic theory that can be utilized in the assessment of the most effective means that can be deployed. This book examines the theoretical contributions of economists and geographers and through the analyses of the performance of various cities will give the reader an understanding of the logic behind rational policy formation. Evaluation of a city’s relative competitiveness is a controversial matter and this book provides a full treatment of the various approaches. Finally, it examines the experiences with competitiveness of several cities in North America and in Europe. Urban Competitiveness: Theory and Practice confirms that many cities in trying times do have a mechanism for enhancing their competitiveness and can work to create the sort of economic life the city’s residents want.



Urban Economic And Planning Models


Urban Economic And Planning Models
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Author : Rakesh Mohan
language : en
Publisher: Johns Hopkins University Press
Release Date : 1979

Urban Economic And Planning Models written by Rakesh Mohan and has been published by Johns Hopkins University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Business & Economics categories.


Urban models can be divided into explanatory or policy-oriented classifications. Explanatory models are usually systematic attempts at explaining urban form; operational models, on the other hand, rely on either social physics or behavior principles. Explanatory models focus on the tradeoffs between the cost of the site itself and the costs of travel, the analytic problems caused by the unique quality of each location, the effects of transport congestion on city form, and the consequences of welfare emphasis on equity. The social physics form of operational models tries to replicate statistical regularities observed in the activities of people within a city. Economic models based on behavioral principles are the easiest to understand because their structure is drawn from behavioral relations derived from behavioral analysis. The characteristics of operational and explanatory models overlap. Two operational and two explanatory models are presented as exemplary techniques for modeling urban areas in developing countries. Useful explanatory models are likely to require large sets of disaggregated data in order to provide the building blocks for the operational models.