Agglomeration and the Adjustment of the Spatial Economy

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Real Estate Papers
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urban systems
new economic geography
urban and regional policy
diagrammatic exposition
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Combes, Pierre-Philippe
Duranton, Gilles
Overman, Henry G
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We consider the literature on urban systems and New Economic Geography to examine questions concerning agglomeration and how areas respond to shocks to the economic environment. We first propose a diagrammatic framework to compare the two approaches. We then use this framework to study a number of extensions and to consider several policy relevant issues.

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2005-08-01
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Papers in Regional Science
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At the time of publication, author Gilles Duranton was affiliated with Universidad de los Andes and the London School of Economics. Currently, he is a faculty member at the Real Estate Department at the University of Pennsylvania.
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