Real Estate Papers

Document Type

Journal Article

Date of this Version

8-2005

Publication Source

Papers in Regional Science

Volume

84

Issue

3

Start Page

311

Last Page

349

DOI

10.1111/j.1435-5957.2005.00038.x

Abstract

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.

Copyright/Permission Statement

This is the peer reviewed version of the following article: Combes, P. P., Duranton, G. and Overman, H. G. (2005), Agglomeration and the adjustment of the spatial economy. Papers in Regional Science, 84: 311–349., which has been published in final form at doi: 10.1111/j.1435-5957.2005.00038.x. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving http://olabout.wiley.com/WileyCDA/Section/id-820227.html#terms.

Comments

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.

Keywords

urban systems, new economic geography, urban and regional policy, diagrammatic exposition

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Date Posted: 27 November 2017

This document has been peer reviewed.