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It is common to explain the market failure in efficiently distributing the population among urban areas by externalities associated with unpriced transportation congestion and external scale economies in the supply of private and public goods. Consequently, in prescribing the appropriate...
Persistent link: https://www.econbiz.de/10005783628
In this paper we argue that the impact of external scale economies and diseconomies on city size is not nearly as clear-cut as it is tacitly believed in urban economics. Similarly, that city-size distortions are not caused by externalities alone. Noncovexity, which prevents establishing the...
Persistent link: https://www.econbiz.de/10005783636
The supply of local public goods would obey principles that are not fundamentally different from those governing the efficient supply of differentiated goods. All these results rest on the assumption of an efficient land market. This suggests that the problem of land property rights should...
Persistent link: https://www.econbiz.de/10005783664
Persistent link: https://www.econbiz.de/10005363093
Persistent link: https://www.econbiz.de/10005487154
This paper follows Hochman, Pines and Thisse (1995) in portraying metropolitan areas as a complex of spatial clubs. Adopting this perspective, the paper characterizes the role of urbanization economies in the agglomeration of non-residential activities inside metropolitan areas.
Persistent link: https://www.econbiz.de/10005487325
This paper discusses three aspects of urbanization: the effect of urbanization (that is, aggregate urban population growth) on agglomeration, the discontinuity of urban population partition among urban areas, and the failure of laissez-faire to induce the emergence of new urban areas...
Persistent link: https://www.econbiz.de/10005489267
Persistent link: https://www.econbiz.de/10005323788
Persistent link: https://www.econbiz.de/10005220924
The supply of local public goods would obey principles that are not fundamentally different from those governing the efficient supply of differentiated goods. All these results rest on the assumption of an efficient land market. This suggests that the problem of land property rights should...
Persistent link: https://www.econbiz.de/10005647273