The Optimal City Size: A New Model of Spatial Economics
This paper answers a fundamental question: What is the optimal city size to maximize workers” welfare? We apply the Dixit-Stiglitz model in a new way that differs from Krugman”s by proposing a monocentric equilibrium model of a single city economy, where the force of urban agglomeration within a city is caused by the taste for product variety, and the force of agglomeration within a city diseconomies is caused by the demand for land.
spatial economics transport costs product variety land use agglomeration
Yu Liu
Center for Macroeconomic Research, Xiamen University
国内会议
天津
英文
284-294
2010-10-01（万方平台首次上网日期，不代表论文的发表时间）