The Algarve region in Portugal is often considered as one of the most appealing regions for tourism in the country. Its attractive location and moderate climate have since the mid-1960s brought increasing economic prosperity. As a result of the development of mass tourism, available land-use...

The aim of this paper is to analyze the equilibrium strategies of two developers in the real estate market, when demands are asymmetric. In particular, the paper considers three key features of the real estate market. First, the cost of redeveloping a building is, at least partially,...

A hyperbolic, equivocal view about the city is still hegemonic among urban scholars and commentators. Such view portrays cities and urban life, in an optimistic and one-sided fashion, as the foundations of global economic growth and human progress. Robert Beauregard's Cities in the Urban Age is...

Urban areas tend to have much more productive labor and higher salaries than rural areas, and there are vast differences across urban areas. Areas with high salaries and high productivity tend to have employers that invest in much more research and development than areas with low salaries and...

Transport costs are widely considered an important barrier to local economic activity but their impact in developing countries is not well-studied. This paper investigates the role of inter-city transport costs in determining the income of Sub-Saharan African cities, using two new data sources....

Around the world, in both developed and developing countries, policy makers use a variety of tools to manage and accommodate urban growth and redevelopment. Government officials have three main concerns in terms of land policy: (i) accommodating urban expansion, (ii) providing infrastructure,...

In this paper, the author argues that the development of the so-called smart city term and practices on its use in planning inner cities is intimately bound up with required current urban transformations. In particular, with the notion of urban governance, which encompasses economic...