Overview

This book provides the first unifying treatment of the range of economic reasons for the clustering of firms and households. Its goal is to explain further the trade-off between various forms of increasing returns and different types of mobility costs. Although referring to agglomeration as a generic term is convenient, it should be noted that the concept of economic agglomeration refers to distinct real world situations. The main focus of the treatment is on cities, but it also explores the formation of agglomerations, such as commercial districts within cities, industrial clusters at the regional level, and the existence of imbalance between regions. The book is rooted within the realm of modern economics and borrows concepts from geography and regional science, which makes it accessible to a broad audience formed by economists, geographers, regional planners, and other scientists. It may be used in coursework for graduate students and upper-level undergraduates.

Full Product Details

Author:   Masahisa Fujita (Kyoto University, Japan) ,  Jacques-Francois Thisse (Université Catholique de Louvain, Belgium)
Publisher:   Cambridge University Press
Imprint:   Cambridge University Press (Virtual Publishing)
ISBN:  

9780511805660

ISBN 10:   0511805667
Publication Date:   05 June 2012
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Tertiary & Higher Education
Format:   Undefined
Publisher's Status:   Active
Availability:   In stock  
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Table of Contents

1. Agglomeration; Part I. Fundamentals of Geographical Economics: 2. The breakdown of the price system in a spatial economy; 3. The von Thünen model and land rent formation; 4. Increasing returns vs. transportation costs: the fundamental tradeoff of a spatial economy; 5. Cities and the public sector; Part II. The Structure of Metropolitan Areas: 6. The spatial structure of cities under communication externalities; 7. The formation of urban centers under imperfect competition; Part III. Factor Mobility and Industrial Location: 8. Industrial agglomeration under Marshallian externalities; 9. Industrial agglomeration under monopolistic competition; Part IV. Urban Systems and Regional Growth: 10. Back to von Thünen: the formation of cities in a spatial economy; 11. On the relationship between agglomeration and growth.

Reviews

'This is a wonderfully informative book on spatial economics, by two of the best people in the field. I learned a lot that I didn't know, and so will you. Better than any book so far, this integrates concepts that range from 'edge cities' to global divergence into a single grand view.' Paul Krugman, Princeton University 'This new monograph by Masahisa Fujita and Jacques-Francois Thisse is a comprehensive survey of spatial economics, taking the reader all the way from von Thunen to the current research with clarity and rigor.' Robert Lucas, University of Chicago 'As I started reading this book, I asked myself whether it was going to be the key reference in spatial economics for many years to come. After completing my reading, I am confident the answer is a resounding yes. This is a book of enormous merits.' Giles Duranton, Urban Studies

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