Production externalities and urban configuration
成果类型:
Article
署名作者:
Berliant, M; Peng, SK; Wang, P
署名单位:
Washington University (WUSTL); Academia Sinica - Taiwan; Vanderbilt University
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.2001.2847
发表日期:
2002
页码:
275-303
关键词:
location-dependent production externalities
equilibrium urban configuration
摘要:
We formally explore Jacobs' idea that uncompensated knowledge spillovers are crucial for agglomeration by modeling location-dependent interfirm production externalities in a general-equilibrium linear-city framework. Good and factor allocation, firms' and households' locational choice, and wages and land rents are all endogenously determined. The unique equilibrium urban configuration may be concentrated (with monocentric firm locations), dispersed (with completely mixed firm/household locations), or a combination, depending on the population of firms, transportation cost, and firm-interaction parameters. Due to distance-dependent production externalities, firms will be clustered together in any equilibrium, thus ruling out the possibility of any multicentric urban configuration. (C) 2002 Elsevier Science (USA).