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Microfoundations of Urban Agglomeration Economies

Duranton, Gilles; Puga, Diego - C.E.P.R. Discussion Papers - 2003

This Paper studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of … characterization of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modeling issues that arise … when working with these tools, and to compare different sources of agglomeration economies in terms of the aggregate urban …

Persistent link: https://www.econbiz.de/10005791489

The Costs of Agglomeration: Land Prices in French Cities

Combes, Pierre-Philippe; Duranton, Gilles; Gobillon, Laurent - C.E.P.R. Discussion Papers - 2012

We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...

Persistent link: https://www.econbiz.de/10011083617

Micro-Foundations of Urban Agglomeration Economies

Puga, Diego; Duranton, Giles - National Bureau of Economic Research (NBER) - 2003

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/10005085227

Competition in the traditional sector does not matter for the ‘Core–Periphery’ model

Behrens, Kristian; Kichko, Sergey; Zhelobodko, Evgeny - In: Economics Letters 122 (2014) 1, pp. 94-99

We modify Paul Krugman’s (1991) ‘Core–Periphery’ model by replacing the traditional competitive sector with a monopolistically competitive one. We show that the structure of spatial equilibria remains the same as in the original model. This result continues to hold true under Cournot or...

Persistent link: https://www.econbiz.de/10010729451

The Henry George Theorem in a second-best world

Behrens, Kristian; Kanemoto, Yoshitsugu; Murata, Yasusada - C.E.P.R. Discussion Papers - 2010

The Henry George Theorem (HGT), or the golden rule of local public finance, states that, in first-best economies, the fiscal surplus, defined as aggregate land rents minus aggregate losses from increasing returns to scale activities, is zero at optimal city sizes. We derive a general second-best...

Persistent link: https://www.econbiz.de/10008784737

The Henry George Theorem in a second-best world

Behrens, Kristian; Kanemoto, Yoshitsugu; Murata, Yasusada - In: Journal of Urban Economics 85 (2015) C, pp. 34-51

finances the Pigouvian subsidies for agglomeration externalities and the costs of local public goods by a 100% tax on land is … are the sources of agglomeration economies and city governments levy property taxes. Without relying on specific …

Persistent link: https://www.econbiz.de/10011117745

Chapter 8. Urban Land Use

Duranton, Gilles; Puga, Diego - In: Handbook of regional and urban economics : volume 5, (pp. 467-560). 2015

We provide an integrated treatment of the theoretical literature on urban land use inspired by the monocentric model, including extensions that deal with multiple endogenous business centers, various dimensions of heterogeneity, and durable housing. After presenting the theory and distilling its...

Persistent link: https://www.econbiz.de/10014025311

Urban land use

Duranton, Gilles; Puga, Diego - C.E.P.R. Discussion Papers - 2014

We provide an integrated treatment of the theoretical literature on urban land use inspired by the monocentric model, including extensions that deal with multiple endogenous business centres, various dimensions of heterogeneity, and durable housing. After presenting the theory and distilling its...

Persistent link: https://www.econbiz.de/10011096093

Decomposing the Growth in Residential Land in the United States

Overman, Henry G; Puga, Diego; Turner, Matthew A - C.E.P.R. Discussion Papers - 2007

This paper decomposes the growth in land occupied by residences in the United States to give the relative contributions of changing demographics versus increases in the land area used by individual households. Between 1976 and 1992 the amount of residential land in the United States grew 47.5%...

Persistent link: https://www.econbiz.de/10005661656

The Growth of Cities

Duranton, Gilles; Puga, Diego - In: Handbook of Economic Growth

important effects on the evolution of cities. In recent decades, cities with better amenities have grown faster. Agglomeration …

Persistent link: https://www.econbiz.de/10010869044