Počet záznamů: 1  

‘Vanishing cities’: can urban costs explain deindustrialization?

  1. 1.
    0468757 - NHU-C 2017 RIV US eng J - Článek v odborném periodiku
    Goryunov, Maxim - Kokovin, S.
    ‘Vanishing cities’: can urban costs explain deindustrialization?
    Papers in Regional Science. Roč. 95, č. 3 (2016), s. 633-651. ISSN 1056-8190. E-ISSN 1435-5957
    Institucionální podpora: PRVOUK-P23
    Klíčová slova: city size * urban hierarchies * agglomeration
    Kód oboru RIV: AH - Ekonomie
    Impakt faktor: 1.272, rok: 2016

    Anas’s impossibility theorem states that monopolistic competition or economies of scale alone are insufficient to explain growth of cities in response to growing population or decreasing trade costs (under constant urban costs); cities shrink. To enhance realism of assumptions, instead of Anas’s normative approach, we study stable equilibria in the presence of another sector. Still, ‘vanishing’ remains robust! Ultimately, we argue that ‘vanishing’ mechanism looks realistic and can have an explanatory power: industries, free of externalities, should locate in small towns. Moreover, the comparative statics shows how such ‘manufacturing’ towns gradually decline, whereas other cities do not.
    Trvalý link: http://hdl.handle.net/11104/0266584

     
     
Počet záznamů: 1  

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