Economics of Agglomeration

Description

Economic activities are not concentrated on the head of a pin, nor are they spread evenly over a featureless plane. On the contrary, they are distributed very unequally across locations, regions, and countries. Even though economic activities are, to some extent, spatially concentrated because of natural features, economic mechanisms that rely on the trade-off between various forms of increasing returns and different types of mobility costs are more fundamental. This book is a study of the economic reasons for the existence of a large variety of agglomerations arising from the global to the local. This second edition combines a comprehensive analysis of the fundamentals of spatial economics and an in-depth discussion of the most recent theoretical developments in new economic geography and urban economics. It aims to highlight several of the major economic trends observed in modern societies.

First Sentence

Just as matter in the solar system is concentrated in a small number of bodies (the planets and their satellites), economic life is concentrated in a fairly limited number of human settlements (cities and clusters).

Subjects

Other Editions

• Economics of Agglomeration: Cities, Industrial Location, and Regional GrowthHardcoverCambridge University Press2002-05-06
• Economics of AgglomerationCambridge University Press2012-01-01
• Economics of agglomerationCambridge University Press2013-01-01
• Economics of AgglomerationCambridge University Press2013-01-01