Cities, Agglomeration, and Spatial Equilibrium

Cities, Agglomeration, and Spatial Equilibrium
Author: Edward Ludwig Glaeser
Publisher: Oxford University Press
Total Pages: 284
Release: 2008
Genre: Business & Economics
ISBN: 019929044X

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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, Agglomeration, and Spatial Equilibrium

Cities, Agglomeration, and Spatial Equilibrium
Author: Edward L. Glaeser
Publisher: OUP Oxford
Total Pages: 288
Release: 2008-07-03
Genre: Business & Economics
ISBN: 0191558591

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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.

The Wealth of Cities

The Wealth of Cities
Author: Edward L. Glaeser
Publisher:
Total Pages: 0
Release: 2009
Genre: Cities and towns
ISBN:

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Empirical research on cities starts with a spatial equilibrium condition: workers and firms are assumed to be indifferent across space. This condition implies that research on cities is different from research on countries, and that work on places within countries needs to consider population, income and housing prices simultaneously. Housing supply elasticity will determine whether urban success shows up in more people or higher incomes. Urban economists generally accept the existence of agglomeration economies, which exist when productivity rises with density, but estimating the magnitude of those economies is difficult. Some manufacturing firms cluster to reduce the costs of moving goods, but this force no longer appears to be important in driving urban success. Instead, modern cities are far more dependent on the role that density can play in speeding the flow of ideas. Finally, urban economics has some insights to offer related topics such as growth theory, national income accounts, public economics and housing prices.

The Wealth of Cities

The Wealth of Cities
Author: Edward Ludwig Glaeser
Publisher:
Total Pages: 76
Release: 2009
Genre: Cities and towns
ISBN:

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Empirical research on cities starts with a spatial equilibrium condition: workers and firms are assumed to be indifferent across space. This condition implies that research on cities is different from research on countries, and that work on places within countries needs to consider population, income and housing prices simultaneously. Housing supply elasticity will determine whether urban success shows up in more people or higher incomes. Urban economists generally accept the existence of agglomeration economies, which exist when productivity rises with density, but estimating the magnitude of those economies is difficult. Some manufacturing firms cluster to reduce the costs of moving goods, but this force no longer appears to be important in driving urban success. Instead, modern cities are far more dependent on the role that density can play in speeding the flow of ideas. Finally, urban economics has some insights to offer related topics such as growth theory, national income accounts, public economics and housing prices.

The Spatial Economy

The Spatial Economy
Author: Masahisa Fujita
Publisher: MIT Press
Total Pages: 396
Release: 2001
Genre: Business & Economics
ISBN: 9780262561471

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Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy - that is, where economic activity occurs and why. Using new tools - in particular, modeling techniques developed to analyze industrial organization, international trade, and economic growth - this "new economic geography" has emerged as one of the most exciting areas of contemporary economics.

Agglomeration Economics

Agglomeration Economics
Author: Edward L. Glaeser
Publisher: University of Chicago Press
Total Pages: 376
Release: 2010-04-15
Genre: Business & Economics
ISBN: 0226297926

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When firms and people are located near each other in cities and in industrial clusters, they benefit in various ways, including by reducing the costs of exchanging goods and ideas. One might assume that these benefits would become less important as transportation and communication costs fall. Paradoxically, however, cities have become increasingly important, and even within cities industrial clusters remain vital. Agglomeration Economics brings together a group of essays that examine the reasons why economic activity continues to cluster together despite the falling costs of moving goods and transmitting information. The studies cover a wide range of topics and approach the economics of agglomeration from different angles. Together they advance our understanding of agglomeration and its implications for a globalized world.

Survival of the City

Survival of the City
Author: Edward Glaeser
Publisher: Penguin
Total Pages: 481
Release: 2021-09-07
Genre: Social Science
ISBN: 0593297687

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One of our great urbanists and one of our great public health experts join forces to reckon with how cities are changing in the face of existential threats the pandemic has only accelerated Cities can make us sick. They always have—diseases spread more easily when more people are close to one another. And disease is hardly the only ill that accompanies urban density. Cities have been demonized as breeding grounds for vice and crime from Sodom and Gomorrah on. But cities have flourished nonetheless because they are humanity’s greatest invention, indispensable engines for creativity, innovation, wealth, and connection, the loom on which the fabric of civilization is woven. But cities now stand at a crossroads. During the global COVID crisis, cities grew silent as people worked from home—if they could work at all. The normal forms of socializing ground to a halt. How permanent are these changes? Advances in digital technology mean that many people can opt out of city life as never before. Will they? Are we on the brink of a post-urban world? City life will survive but individual cities face terrible risks, argue Edward Glaeser and David Cutler, and a wave of urban failure would be absolutely disastrous. In terms of intimacy and inspiration, nothing can replace what cities offer. Great cities have always demanded great management, and our current crisis has exposed fearful gaps in our capacity for good governance. It is possible to drive a city into the ground, pandemic or not. Glaeser and Cutler examine the evolution that is already happening, and describe the possible futures that lie before us: What will distinguish the cities that will flourish from the ones that won’t? In America, they argue, deep inequities in health care and education are a particular blight on the future of our cities; solving them will be the difference between our collective good health and a downward spiral to a much darker place.

Fifty Years of Regional Science

Fifty Years of Regional Science
Author: Raymond Florax
Publisher: Springer Science & Business Media
Total Pages: 403
Release: 2013-04-17
Genre: Business & Economics
ISBN: 3662072238

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This book contains the complete text of the special Golden Anniversary issue of the flagship journal of the Regional Science Association International (RSAI), Papers in Regional Science (Volume 83, Number 1), as well as the full text of Walter Isard's Presidential Address "The future (near and far) of regional science". Professor Isard originally delivered the speech in a special plenary session of the fiftieth North American Meetings of the Regional Science Association International. The session began with a ceremonial kickoff to the year-long celebration of the multidisciplinary field's first 50 years. At the ceremony, held on the morning of Friday, November 21,2004 at the DoubleTree Hotel in Philadelphia, we presented Walter Isard, the founder of our multidisciplinary field, as well as Antoine Bailly, the President of the Regional Science Association International, and David Boyce, the Association's Archivist, with commemorative first copies of the anniversary issue. This book, entitled Fifty Years of Regional Science, consists of a compendium of "thought" papers authored by a representative sampling of some of the field's leading scholars. For the special journal issue we originally titled the collection: "The Brightest of Dawns".

Economics of Agglomeration

Economics of Agglomeration
Author: Masahisa Fujita
Publisher: Cambridge University Press
Total Pages: 543
Release: 2013-07-31
Genre: Business & Economics
ISBN: 1107001412

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This second edition studies the economic reasons for the existence of a variety of agglomerations arising from the global to the local.

Economics of Agglomeration

Economics of Agglomeration
Author: Masahisa Fujita
Publisher: Cambridge University Press
Total Pages: 484
Release: 2002-05-02
Genre: Business & Economics
ISBN: 9780521805247

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This book provides the first unifying treatment of the range of economic reasons for the clustering of firms and households. Its goal is to explain further the trade-off between various forms of increasing returns and different types of mobility costs. Although referring to agglomeration as a generic term is convenient, it should be noted that the concept of economic agglomeration refers to distinct real world situations. The main focus of the treatment is on cities, but it also explores the formation of agglomerations, such as commercial districts within cities, industrial clusters at the regional level, and the existence of imbalance between regions. The book is rooted within the realm of modern economics and borrows concepts from geography and regional science, which makes it accessible to a broad audience formed by economists, geographers, regional planners, and other scientists. It may be used in coursework for graduate students and upper-level undergraduates.