Spontaneous Orders and the Emergence of Economically Powerful Cities
The importance of cities to economic dynamism and growth cannot be emphasized enough. It is crucial for our understanding of what drives economic growth to understand how cities emerge, develop and prosper. This paper investigates the emergence of cities from a spontaneous order and urban economics perspective. The analysis focus on agglomeration effects, externalities and regional clustering as explanations of cities and regional growth. Factors such as local knowledge and dispersion of knowledge are identified as important growth factors. With origin in Hayek’s famous citation “particular circumstances of time and place” these factors are thoroughly discussed in a spontaneous order framework.
|Date of creation:||24 May 2013|
|Date of revision:|
|Contact details of provider:|| Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden|
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
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.:
- Michael Storper & Anthony J. Venables, 2003.
"Buzz: face-to-face contact and the urban economy,"
LSE Research Online Documents on Economics
20008, London School of Economics and Political Science, LSE Library.
- Marshall, Alfred, 1890.
"The Principles of Economics,"
History of Economic Thought Books,
McMaster University Archive for the History of Economic Thought, number marshall1890.
- Glaeser, Edward L & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1992.
"Growth in Cities,"
Journal of Political Economy,
University of Chicago Press, vol. 100(6), pages 1126-52, December.
- Edward L. Glaeser & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1991. "Growth in Cities," NBER Working Papers 3787, National Bureau of Economic Research, Inc.
- Glaeser, Edward Ludwig & Kallal, Hedi D. & Scheinkman, Jose A. & Shleifer, Andrei, 1992. "Growth in Cities," Scholarly Articles 3451309, Harvard University Department of Economics.
- Lööf, Hans & Nabavi, Pardis & Johansson, Börje, 2012. "How can firm benefit from access to knowledge-intensive producer services?," Working Paper Series in Economics and Institutions of Innovation 283, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies, revised 11 Aug 2014.
- Keller, Wolfgang, 2010. "International Trade, Foreign Direct Investment, and Technology Spillovers," Handbook of the Economics of Innovation, Elsevier.
- Sanford Ikeda, 2004. "Urban Interventionism and Local Knowledge," The Review of Austrian Economics, Springer, vol. 17(2_3), pages 247-264, 06.
- Michael Fritsch & Michael Wyrwich, 2012.
"The Long Persistence of Regional Entrepreneurship Culture: Germany 1925–2005,"
Papers in Evolutionary Economic Geography (PEEG)
1214, Utrecht University, Section of Economic Geography, revised Jul 2012.
- Michael Fritsch & Michael Wyrwich, 2012. "The Long Persistence of Regional Entrepreneurship Culture: Germany 1925-2005," Jena Economic Research Papers 2012-036, Friedrich-Schiller-University Jena.
- Michael Fritsch & Michael Wyrwich, 2012. "The Long Persistence of Regional Entrepreneurship Culture: Germany 1925 - 2005," Discussion Papers of DIW Berlin 1224, DIW Berlin, German Institute for Economic Research.
- Acs, Zoltan J & Audretsch, David B, 1988. "Innovation in Large and Small Firms: An Empirical Analysis," American Economic Review, American Economic Association, vol. 78(4), pages 678-90, September.
- Anders Malmberg & Peter Maskell, 2002. "The elusive concept of localization economies: towards a knowledge-based theory of spatial clustering," Environment and Planning A, Pion Ltd, London, vol. 34(3), pages 429-449, March.
- Decressin, Jorg & Fatas, Antonio, 1995.
"Regional labor market dynamics in Europe,"
European Economic Review,
Elsevier, vol. 39(9), pages 1627-1655, December.
- Wim Heijman & Auke Leen, 2004. "On Austrian regional economics," Papers in Regional Science, Springer;Regional Science Association International, vol. 83(2), pages 487-493, 04.
- Florida, Richard & Mellander, Charlotta & Gulden, Tim, 2010. "Global Metropolis - assessing economic activity in global centers based on nighttime satellite images," Working Paper Series in Economics and Institutions of Innovation 218, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Zoltan Acs & Niels Bosma & Rolf Sternberg, 2008. "The Entrepreneurial Advantage of World Cities - Evidence from Global Entrepreneurship Monitor Data," Jena Economic Research Papers 2008-063, Friedrich-Schiller-University Jena.
- Lööf, Hans & Nabavi, Pardis, 2013. "Learning and Productivity of Swedish Exporting Firms: The importance of Innovation Efforts and the Geography of Innovation," Working Paper Series in Economics and Institutions of Innovation 296, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March.
When requesting a correction, please mention this item's handle: RePEc:hhs:cesisp:0310. 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: (Vardan Hovsepyan)
If references are entirely missing, you can add them using this form.