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Dynamic Urban Models: Agglomeration and Growth

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Author Info
Marcus Berliant (Washington University in St. Louis)
Ping Wang (Vanderbilt University & NBER)

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Abstract

Theoretical models of urban growth are surveyed in a common framework. Exogenous growth models, where growth in some capital stock as a function of investment is assumed, are examined first. Then endogenous growth models, where use of some factor by a firm increases the productivity of other firms, are studied. These are all models with perfect competition among agents. Next, models with imperfect competition are discussed. There are two varieties: those employing a monopolistic competition approach to product differentiation, and those employing explicit externalities but lacking some markets. Finally, avenues for future research are explored. Correlations between agglomeration and growth in the various models and data are compared.

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Paper provided by EconWPA in its series Urban/Regional with number 0404006.

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Length: 50 pages
Date of creation: 15 Apr 2004
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Handle: RePEc:wpa:wuwpur:0404006

Note: Type of Document - pdf; pages: 50
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Related research
Keywords: Agglomerative Activity; Marshallian Externalities; Matching; Urban Growth;

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Find related papers by JEL classification:
R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Gilles Duranton, 2007. "Urban Evolutions: The Fast, the Slow, and the Still," American Economic Review, American Economic Association, vol. 97(1), pages 197-221, March. [Downloadable!]
  2. PENG, Shin-Kun & THISSE, Jacques-Franois & WANG, Ping, 2004. "Economic integration and agglomeration in a middle product economy," CORE Discussion Papers 2004015, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
    Other versions:
  3. Orlando Gomes, 2007. "The Dynamics of Growth and Migrations with Congestion Externalities," Economics Bulletin, Economics Bulletin, vol. 15(1), pages 1-8. [Downloadable!]
  4. Marcus Berliant, 2005. "Well Isn't That Spatial?! Handbook of Regional and Urban Economics: A View From Economic Theory," Urban/Regional 0503001, EconWPA, revised 08 Apr 2005. [Downloadable!]
  5. Chung-Yi Tse, 2008. "Learning investment and industrial diversity in urban growth," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(2), pages 413-433, April. [Downloadable!] (restricted)
  6. Marcus Berliant & Ping Wang, 2005. "Urban Growth and Subcenter Formation: A Trolley Ride from the Staples Center to Disneyland and the Rose Bowl," Urban/Regional 0511012, EconWPA. [Downloadable!]
    Other versions:
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