G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16461
DP16461 A Unified Theory of Cities
Jacques-François Thisse; Matthew Turner; Philip Ushchev
发表日期2021-08-17
出版年2021
语种英语
摘要How do people arrange themselves when they are free to choose work and residence locations, when commuting is costly, and when increasing returns may affect production? We consider this problem when the location set is discrete and households have heterogenous preferences over workplace-residence pairs. We provide a general characterization of equilibrium throughout the parameter space. The introduction of preference heterogeneity into an otherwise conventional urban model fundamentally changes equilibrium behavior. Multiple equilibria are pervasive although stable equilibria need not exist. Stronger increasing returns to scale need not concentrate economic activity and lower commuting costs need not disperse it. The qualitative behavior of the model as returns to scale increase accords with changes in the patterns of urbanization observed in the Western world between the pre-industrial period and the present.
主题International Trade and Regional Economics
关键词Urban economics Quantitative spatial economics Cities
URLhttps://cepr.org/publications/dp16461
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/545419
推荐引用方式
GB/T 7714
Jacques-François Thisse,Matthew Turner,Philip Ushchev. DP16461 A Unified Theory of Cities. 2021.
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