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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP14728 |
DP14728 Stability and sustainability of urban systems under commuting and transportation costs | |
Yuki Takayama; Kiyohiro Ikeda; Jacques-François Thisse | |
发表日期 | 2020-05-07 |
出版年 | 2020 |
语种 | 英语 |
摘要 | This paper explores the conditions for the emergence of a system of cities in a general equilibrium setting that accounts for the mobility of labor, transportation costs between cities and commuting costs within cities. Locations are equally distributed over a circular space. We find that the multiplicity of stable spatial equilibria is the rule and not the exception. Using the concept of stability areas to study the transition from one stable equilibrium to the next, we show that decreasing commuting or transportation costs generate equilibrium paths that may feature a megalopolis or hierarchical system of cities having different sizes. We confirm that transportation and commuting costs have opposite impacts on the space-economy. |
主题 | International Trade and Regional Economics |
关键词 | Economic geography Cities Racetrack economy Multiplicity of stable equilibria Commuting costs Transportation costs |
URL | https://cepr.org/publications/dp14728 |
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/543649 |
推荐引用方式 GB/T 7714 | Yuki Takayama,Kiyohiro Ikeda,Jacques-François Thisse. DP14728 Stability and sustainability of urban systems under commuting and transportation costs. 2020. |
条目包含的文件 | 条目无相关文件。 |
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