IDEAS home Printed from https://ideas.repec.org/p/luk/wpaper/8517.html

Urban Structure and Economic Growth

Author

Listed:
  • Peter Gordon
  • Harry W. Richardson

Abstract

Adam Smith was one of the first to call attention to economic growth differences among nations. He described how the workings of markets, specifically the extent of specialization in production, offer a plausible explanation of these differentials. This idea has been enriched over the years with the insights of Joseph Schumpeter, F.A. Hayek, Douglass North, and many others. Schumpeter highlighted the notion of the entrepreneur as the prime mover in markets. Acts of successful discovery underlie the dynamics of economic growth. Hayek elaborated that a market that generates opportunity cost signals makes it possible for large numbers of strangers to coordinate all the efforts that implement the entrepreneur‟s vision.

Suggested Citation

  • Peter Gordon & Harry W. Richardson, 2010. "Urban Structure and Economic Growth," Working Paper 8517, USC Lusk Center for Real Estate.
    • Handle: RePEc:luk:wpaper:8517
    as

    Download full text from publisher

    File URL: http://lusk.usc.edu/sites/default/files/working_papers/wp_2010_1001.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Chris Webster & Lawrence W.-C. Lai, 2003. "Property Rights, Planning and Markets," Books, Edward Elgar Publishing, number 2625, June.
    2. H W Richardson & P Gordon & M-J Jun & M H Kim, 1993. "PRIDE and Prejudice: The Economic Impacts of Growth Controls in Pasadena," Environment and Planning A, , vol. 25(7), pages 987-1002, July.
    3. Edward C. Banfield, 1982. "The Zoning of Enterprise," Cato Journal, Cato Journal, Cato Institute, vol. 2(2), pages 339-359, Fall.
    4. Paul Krugman, 2009. "The Increasing Returns Revolution in Trade and Geography," American Economic Review, American Economic Association, vol. 99(3), pages 561-571, June.
    5. Matthew E. Kahn, 2010. "New Evidence on Trends in the Cost of Urban Agglomeration," NBER Chapters, in: Agglomeration Economics, pages 339-354, National Bureau of Economic Research, Inc.
    6. Helen F. Ladd, 1992. "Population Growth, Density and the Costs of Providing Public Services," Urban Studies, Urban Studies Journal Limited, vol. 29(2), pages 273-295, April.
    7. Henderson, Vernon, 1997. "Externalities and Industrial Development," Journal of Urban Economics, Elsevier, vol. 42(3), pages 449-470, November.
    8. Bumsoo Lee, 2007. "“Edge” Or “Edgeless” Cities? Urban Spatial Structure In U.S. Metropolitan Areas, 1980 To 2000," Journal of Regional Science, Wiley Blackwell, vol. 47(3), pages 479-515, August.
    9. John M. Quigley, 1998. "Urban Diversity and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 127-138, Spring.
    10. Andrea Sarzynski & Harold L. Wolman & George Galster & Royce Hanson, 2006. "Testing the Conventional Wisdom about Land Use and Traffic Congestion: The More We Sprawl, the Less We Move?," Urban Studies, Urban Studies Journal Limited, vol. 43(3), pages 601-626, March.
    11. Glaeser, Edward L. & Kahn, Matthew E., 2004. "Sprawl and urban growth," Handbook of Regional and Urban Economics, in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 56, pages 2481-2527, Elsevier.
    12. William A. Fischel, 2004. "An Economic History of Zoning and a Cure for its Exclusionary Effects," Urban Studies, Urban Studies Journal Limited, vol. 41(2), pages 317-340, February.
    13. Ottaviano, Gianmarco & Thisse, Jacques-Francois, 2004. "Agglomeration and economic geography," Handbook of Regional and Urban Economics, in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 58, pages 2563-2608, Elsevier.
    14. Guy Dumais & Glenn Ellison & Edward L. Glaeser, 2002. "Geographic Concentration As A Dynamic Process," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 193-204, May.
    15. J. V. Henderson & J. F. Thisse (ed.), 2004. "Handbook of Regional and Urban Economics," Handbook of Regional and Urban Economics, Elsevier, edition 1, volume 4, number 4.
    16. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vusal Murselzade & Behiye Cavusoglu, 2021. "Relationship between the Service Sector and Economic Growth: Evidence from China," Asian Journal of Social Sciences and Management Studies, Asian Online Journal Publishing Group, vol. 8(1), pages 15-22.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Koen Frenken & Frank G. van Oort & Thijs Verburg & Ron A. Boschma, 2004. "Variety and regional economic growth in the Netherlands," Papers in Evolutionary Economic Geography (PEEG) 0502, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Dec 2004.
    2. Felbermayr, Gabriel & Grossmann, Volker & Kohler, Wilhelm, 2012. "Migration, International Trade and Capital Formation: Cause or Effect?," IZA Discussion Papers 6975, IZA Network @ LISER.
    3. Combes, Pierre-Philippe & Gobillon, Laurent, 2015. "The Empirics of Agglomeration Economies," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 247-348, Elsevier.
    4. Hongjian Su & Houkai Wei & Jian Zhao, 2017. "Density effect and optimum density of the urban population in China," Urban Studies, Urban Studies Journal Limited, vol. 54(7), pages 1760-1777, May.
    5. Roberto Camagni & Roberta Capello & Andrea Caragliu, 2013. "Una o infinite dimensioni urbane ottime? Alla ricerca di una dimensione di equilibrio," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2013(3), pages 53-88.
    6. Cavailhes, Jean & Gaigne, Carl & Tabuchi, Takatoshi & Thisse, Jacques-Francois, 2007. "Trade and the structure of cities," Journal of Urban Economics, Elsevier, vol. 62(3), pages 383-404, November.
    7. Paolo VENERI & David BURGALASSI, 2011. "Spatial Structure and Productivity in Italian NUTS-3 Regions," Working Papers 364, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    8. Mario Polèse, 2005. "Cities and National Economic Growth: A Reappraisal," Urban Studies, Urban Studies Journal Limited, vol. 42(8), pages 1429-1451, July.
    9. Miriam Hortas-Rico, 2014. "Urban sprawl and municipal budgets in Spain: A dynamic panel data analysis," Papers in Regional Science, Wiley Blackwell, vol. 93(4), pages 843-864, November.
    10. Colin Wren, 2011. "Geographic Concentration, Observational Equivalence and the Source of Industrial Agglomeration," ERSA conference papers ersa10p1635, European Regional Science Association.
    11. Shanzi Ke, 2010. "Agglomeration, productivity, and spatial spillovers across Chinese cities," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 45(1), pages 157-179, August.
    12. Wolfgang Dauth & Michaela Fuchs & Anne Otto, 2018. "Long‐run processes of geographical concentration and dispersion: Evidence from Germany," Papers in Regional Science, Wiley Blackwell, vol. 97(3), pages 569-593, August.
    13. Gilles Duranton & Diego Puga, 2001. "Nursery Cities: Urban Diversity, Process Innovation, and the Life Cycle of Products," American Economic Review, American Economic Association, vol. 91(5), pages 1454-1477, December.
    14. Stef Proost & Jacques-François Thisse, 2019. "What Can Be Learned from Spatial Economics?," Journal of Economic Literature, American Economic Association, vol. 57(3), pages 575-643, September.
    15. Thomas Doring & Jan Schnellenbach, 2006. "What do we know about geographical knowledge spillovers and regional growth?: A survey of the literature," Regional Studies, Taylor & Francis Journals, vol. 40(3), pages 375-395.
    16. George Shih-Ku Chen, 2009. "Determinants Of Taiwanese Investment In China: An Agglomeration Economies-Based Perspective," Monash Economics Working Papers 01-09, Monash University, Department of Economics.
    17. André Torre & Frederic Wallet Wallet, 2013. "The role of proximity relations in regional and territorial development processes," ERSA conference papers ersa13p792, European Regional Science Association.
    18. Canfei He & Fenghua Pan, 2010. "Economic Transition, Dynamic Externalities and City-industry Growth in China," Urban Studies, Urban Studies Journal Limited, vol. 47(1), pages 121-144, January.
    19. Gilles DURANTON, 2012. "La Croissance Urbaine : Déterminismes Vs Bruit," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 36, pages 11-30.
    20. Pflüger, Michael P. & Tabuchi, Takatoshi, 2016. "Comparative Advantage and Agglomeration of Economic Activity," IZA Discussion Papers 10273, IZA Network @ LISER.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:luk:wpaper:8517. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Steins The email address of this maintainer does not seem to be valid anymore. Please ask Chris Steins to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/lcuscus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.