G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4638
DP4638 The Dynamics of City Formation: Finance and Governance
Anthony Venables; Vernon Henderson
发表日期2004-09-23
出版年2004
语种英语
摘要We analyse how the interplay between urban costs, wage wedges and trade costs may affect the inter-regional location of firms as well as the intra-urban location, within the central business district or in a secondary employment centre (SEC) of the selected region. In this way we investigate, on the one hand, how trade may affect the internal structure of cities and, on the other hand, how decentralizing the production and consumption of goods to subcentres changes the intensity of trade by allowing large metropolitan areas to maintain their predominance. We show that, despite low commuting costs, SECs may emerge when the urban population is large and communication technologies are efficient, two features that seem to characterise modern economies. Moreover, when trade costs fall from high levels, the economy moves gradually from dispersion to agglomeration, favouring the formation of SECs. In an integrating world, however, the centre of a small monocentric city could be more attractive than subcentres of large polycentric cities. Nevertheless, the core retains its predominance through the relative growth of its main centre, which occurs at the expense of its subcentres.
主题International Trade and Regional Economics
关键词City structure Polycentric city Commuting costs Trade costs Relocation
URLhttps://cepr.org/publications/dp4638
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533558
推荐引用方式
GB/T 7714
Anthony Venables,Vernon Henderson. DP4638 The Dynamics of City Formation: Finance and Governance. 2004.
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