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An Essay on Urban Economic Theory

  • Book
  • © 1999

Overview

Authors:
  1. Yorgos Y. Papageorgiou

    1. McMaster University, Canada

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    You can also search for this author in PubMed   Google Scholar

  2. David Pines

    1. Tel Aviv University, Israel

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    You can also search for this author in PubMed   Google Scholar

Part of the book series: Advances in Urban and Regional Economics (UREC, volume 1)

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Table of contents (12 chapters)

  1. Front Matter

    Pages i-xix
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  2. Introduction

    1. Introduction

      • Yorgos Y. Papageorgiou, David Pines
      Pages 1-30

  3. The Monocentric City

    1. Front Matter

      Pages 53-53
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    2. Urban Equilibrium

      • Yorgos Y. Papageorgiou, David Pines
      Pages 33-56

    3. Comparative Statics

      • Yorgos Y. Papageorgiou, David Pines
      Pages 57-96

    4. Optimality of the Equilibrium Allocation

      • Yorgos Y. Papageorgiou, David Pines
      Pages 97-112

    5. Extensions

      • Yorgos Y. Papageorgiou, David Pines
      Pages 113-140

    6. Urban Housing

      • Yorgos Y. Papageorgiou, David Pines
      Pages 141-168

    7. Transportation Infrastructure

      • Yorgos Y. Papageorgiou, David Pines
      Pages 169-189

    8. From Monocentricity to Polycentricity

      • Yorgos Y. Papageorgiou, David Pines
      Pages 191-201

  4. Polycentric Urban Structures

    1. Front Matter

      Pages 31-31
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    2. Agglomeration

      • Yorgos Y. Papageorgiou, David Pines
      Pages 205-233

    3. The Polycentric City

      • Yorgos Y. Papageorgiou, David Pines
      Pages 235-265

    4. Specialisation and Trade

      • Yorgos Y. Papageorgiou, David Pines
      Pages 267-282

    5. Externalities, Nonconvexity and Agglomeration

      • Yorgos Y. Papageorgiou, David Pines
      Pages 283-304

  5. Back Matter

    Pages 305-316
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Keywords

About this book

Over the past thirty years, urban economic theory has been one of the most active areas of urban and regional economic research. Just as static general equilibrium theory is at the core of modern microeconomics, so is the topic of this book - the static allocation of resources within a city and between cities - at the core of urban economic theory.
An Essay on Urban Economic Theory well reflects the state of the field. Part I provides an elegant, coherent, and rigorous presentation of several variants of the monocentric (city) model - as the centerpiece of urban economic theory - treating equilibrium, optimum, and comparative statistics. Part II explores less familiar and even some uncharted territory. The monocentric model looks at a single city in isolation, taking as given a central business district surrounded by residences. Part II, in contrast, makes the intra-urban location of residential and non-residential activity the outcome of the fundamental tradeoff between the propensity to interact and the aversion to crowding; the resulting pattern of agglomeration may be polycentric. Part II also develops models of an urbanized economy with trade between specialized cities and examines how the market-determined size distribution of cities differs from the optimum.
This book launches a new series, Advances in Urban and Regional Economics. The series aims to provide an outlet for longer scholarly works dealing with topics in urban and regional economics.

Reviews

`One of its achievements is its integration of the many contributions to the field into a manageable whole. An Essay on Urban Economic Theory is an important and impressive book. It may turn out to be the last word on the standard monocentric model, and its analysis of recent urban economic theory will hopefully facilitate further progress in the field.'
Journal of Economic Geography, 1 (2001)

Authors and Affiliations

  • McMaster University, Canada

    Yorgos Y. Papageorgiou

  • Tel Aviv University, Israel

    David Pines

Bibliographic Information

  • Book Title: An Essay on Urban Economic Theory

  • Authors: Yorgos Y. Papageorgiou, David Pines

  • Series Title: Advances in Urban and Regional Economics

  • DOI: https://doi.org/10.1007/978-1-4615-4947-5

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1999

  • Hardcover ISBN: 978-0-7923-8343-7Published: 31 December 1998

  • Softcover ISBN: 978-1-4613-7245-5Published: 12 October 2012

  • eBook ISBN: 978-1-4615-4947-5Published: 06 December 2012

  • Series ISSN: 1566-0370

  • Edition Number: 1

  • Number of Pages: XIX, 316

  • Topics: Regional/Spatial Science, Microeconomics, Public Economics

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