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Agglomeration and the adjustment of the spatial economy§

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  • Pierre Philippe Combes
  • Gilles Duranton
  • Henry G. Overman

Abstract

. We consider the literature on urban systems and New Economic Geography to examine questions concerning agglomeration and how areas respond to shocks to the economic environment. We first propose a diagrammatic framework to compare the two approaches. We then use this framework to study a number of extensions and to consider several policy relevant issues.

Suggested Citation

  • Pierre Philippe Combes & Gilles Duranton & Henry G. Overman, 2005. "Agglomeration and the adjustment of the spatial economy§," Papers in Regional Science, Wiley Blackwell, vol. 84(3), pages 311-349, August.
  • Handle: RePEc:bla:presci:v:84:y:2005:i:3:p:311-349
    DOI: 10.1111/j.1435-5957.2005.00038.x
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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General

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