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Micro-Foundations of Urban Agglomeration Economies

NBER Working Paper Series, 2003-09, p.9931

Copyright National Bureau of Economic Research, Inc. Sep 2003 ;ISSN: 0898-2937 ;DOI: 10.3386/w9931

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  • Title:
    Micro-Foundations of Urban Agglomeration Economies
  • Author: Duranton, Gilles ; Puga, Diego
  • Subjects: Central business districts ; Consumers ; Economic theory ; Handbooks ; Human capital ; International Trade and Investment ; Labor market ; Management science ; Monopolistic competition ; Political economy ; Production functions
  • Is Part Of: NBER Working Paper Series, 2003-09, p.9931
  • Description: This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of micro-foundations, based on sharing, matching, and learning mechanisms. For each of these three categories, we develop one or more core models in detail and discuss the literature in relation to those models. This allows us to give a 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 aggregate urban outcomes they produce as well as in terms of their normative implications.
  • Publisher: Cambridge: National Bureau of Economic Research
  • Language: English
  • Identifier: ISSN: 0898-2937
    DOI: 10.3386/w9931
  • Source: AUTh Library subscriptions: ProQuest Central
    Alma/SFX Local Collection
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