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When Worlds Collide : Different Comparative Static Predictions of Continuous and Discrete Agent Models with Land

Berliant, Marcus - 2019

This paper presents a difference in the comparative statics of general equilibrium models with land when there are finitely many agents, and when there is a continuum of agents. Restricting attention to quasi-linear and Cobb-Douglas utility, it is shown that with finitely many agents, an...

Persistent link: https://www.econbiz.de/10012894084

The productive city needs both : localization and urbanization economies across spatial scales in the city

Andersson, Martin; Larsson, Johan P.; Lundblad, Joakim - 2015 - This version 2015-01-16

This paper revisits a classical inquiry by addressing the question of localization and urbanization economies. We propose that specialization and diversity may offer externalities operating at different spatial scales. Using high-resolution geo-coded plant-level panel data for Swedish cities...

Persistent link: https://www.econbiz.de/10011482330

Micro-foundations of urban agglomeration economies

Duranton, Gilles; Puga, Diego - 2003

Persistent link: https://www.econbiz.de/10001791398

Micro-Foundations of Urban Agglomeration Economies

Duranton, Gilles; Puga, Diego - 2021

This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three … precise characterisation of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modelling … issues that arise when working with these tools, and to compare different sources of agglomeration economies in terms of the …

Persistent link: https://www.econbiz.de/10013246357

Micro-Foundations of Urban Agglomeration Economies

Duranton, Giles - 2003

Persistent link: https://www.econbiz.de/10012468766