Economic Theory And The Cities

Author : J. Vernon Henderson
Publisher : Academic Press
ISBN 13 : 1483294889
Total Pages : 289 pages
Book Rating : 4.89/5 ( download)

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Download or read book Economic Theory and the Cities written by J. Vernon Henderson and published by Academic Press. This book was released on 2014-06-28 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Publisher : Springer Science & Business Media
ISBN 13 : 1461549477
Total Pages : 327 pages
Book Rating : 4.75/5 ( download)

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Download or read book An Essay on Urban Economic Theory written by Yorgos Y. Papageorgiou and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 9780521396455
Total Pages : 380 pages
Book Rating : 4.5X/5 ( download)

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Download or read book Urban Economic Theory written by Masahisa Fujita and published by Cambridge University Press. This book was released on 1991-01-25 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Jane Jacobs
Publisher : Vintage
ISBN 13 : 0525432876
Total Pages : 272 pages
Book Rating : 4.76/5 ( download)

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Download or read book Cities and the Wealth of Nations written by Jane Jacobs and published by Vintage. This book was released on 2016-08-17 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Jean-Marie Huriot
Publisher : Cambridge University Press
ISBN 13 : 9780521641906
Total Pages : 476 pages
Book Rating : 4.0X/5 ( download)

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Download or read book Economics of Cities written by Jean-Marie Huriot and published by Cambridge University Press. This book was released on 2000-02-13 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This integrated collection of essays exploring the economic theory of cities assembles work by a number of the world's leading exponents.

Author : Wei-Bin Zhang
Publisher : Springer Science & Business Media
ISBN 13 : 3642560601
Total Pages : 234 pages
Book Rating : 4.06/5 ( download)

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Download or read book An Economic Theory of Cities written by Wei-Bin Zhang and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Paul R. Krugman
Publisher : MIT Press
ISBN 13 : 9780262611350
Total Pages : 132 pages
Book Rating : 4.5X/5 ( download)

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Download or read book Development, Geography, and Economic Theory written by Paul R. Krugman and published by MIT Press. This book was released on 1997 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry.

Author : H.W. Richardson
Publisher : Routledge
ISBN 13 : 1135683115
Total Pages : 236 pages
Book Rating : 4.15/5 ( download)

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Download or read book The New Urban Economics written by H.W. Richardson and published by Routledge. This book was released on 2013-04-15 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was first published in 1977. Urban economics is a relatively young field of economics; hardly existing except perhaps in real estate and land economics curricula-before the 1960s. Within the last few years, especially after 1 971, there has been a growth of interest in urban economic theory, strong enough even to attract the attention of general economic theorists. These new theoretical writings have been named the 'New Urban Economics'-NUE for short. The aim of this monograph is to survey and assess NUE, to evaluate its contribution to urban economics, to offer a few extensions and to say something about the future direction of the subfield.

Author : Daniel A. Griffith
Publisher : Springer Science & Business Media
ISBN 13 : 9780792349150
Total Pages : 222 pages
Book Rating : 4.56/5 ( download)

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Download or read book Econometric Advances in Spatial Modelling and Methodology written by Daniel A. Griffith and published by Springer Science & Business Media. This book was released on 1998-03-31 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : John F. McDonald
Publisher : John Wiley & Sons
ISBN 13 : 047059148X
Total Pages : 560 pages
Book Rating : 4.82/5 ( download)

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Download or read book Urban Economics and Real Estate written by John F. McDonald and published by John Wiley & Sons. This book was released on 2010-03-29 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.