Computational modeling of city formation
Although a burst of recent research in economics has examined how industries form, a majority of it considers highly simplified models. In this paper, we use computational modeling techniques to expand from traditional, simple, analytically tractable economic models to more complex two dimensional landscapes. Using the basic theories developed in earlier research, we examine what factors cause cities to emerge, including: transportation costs, the percentage of workers in a population, and the elasticity of substitution. These three factors should cause workers and firms to agglomerate, causing cities to emerge out of a scattered population. Copyright Springer Science+Business Media, LLC 2007
Volume (Year): 30 (2007)
Issue (Month): 1 (August)
|Contact details of provider:|| Web page: http://www.springerlink.com/link.asp?id=100248|
More information through EDIRC
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.:
- Dixit, Avinash K & Stiglitz, Joseph E, 1975.
"Monopolistic Competition and Optimum Product Diversity,"
The Warwick Economics Research Paper Series (TWERPS)
64, University of Warwick, Department of Economics.
- Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
- Paul Krugman, 1990.
"Increasing Returns and Economic Geography,"
NBER Working Papers
3275, National Bureau of Economic Research, Inc.
- Krugman, Paul, 1998. "What's New about the New Economic Geography?," Oxford Review of Economic Policy, Oxford University Press, vol. 14(2), pages 7-17, Summer.
When requesting a correction, please mention this item's handle: RePEc:kap:compec:v:30:y:2007:i:1:p:41-56. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.