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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4638 |
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 |
URL | https://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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