G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14728
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
URLhttps://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.
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