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Accessibility and the Valuation of Cities

In: Is Transport Infrastructure Effective?

Author

Listed:
  • Piet Rietveld

    (Vrije Universiteit)

  • Frank Bruinsma

    (Vrije Universiteit)

Abstract

The scientific interest in the location of firms has a long history. The initial impetus for the development of the classical location theory for the agricultural sector is given by Von Thiinen (1821). Later on, Launhardt (1882), Weber (1909) and Predohl (1925) elaborated the theory for the industrial sector and Christaller (1933) and Lösch (1940) for the services and trade sector. In the 1950s those sector-specific location theories were replaced by more general theories; examples are integrated theories of interregional trade and regional factor movements (Isard, 1956), the cumulative causation approach (Myrdal, 1957), the growth pole theory (Perroux, 1958), and the regional development potential theory (Biehl et al., 1975). Many elements of these theories are brought together in the work of Krugman (1991), who pays much attention to the role of economies of scale in regional development patterns.

Suggested Citation

  • Piet Rietveld & Frank Bruinsma, 1998. "Accessibility and the Valuation of Cities," Advances in Spatial Science, in: Is Transport Infrastructure Effective?, chapter 10, pages 243-270, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-72232-5_10
    DOI: 10.1007/978-3-642-72232-5_10
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