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A Spatial, General Equilibrium Analysis of Optimal City Size

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  • Richard Arnott

Abstract

Most previous theories of optimal city size suffer from two serious defects: they are non-spatial and partial equilibrium. This paper develops a spatial, general equilibrium theory of optimal city size. In the simplest case considered, the rule that expenditure on a Samuelsonian public good equals aggregate land rents is obtained. Other golden rule results are derived for more complex and realistic cases.

Suggested Citation

  • Richard Arnott, 1976. "A Spatial, General Equilibrium Analysis of Optimal City Size," Working Paper 222, Economics Department, Queen's University.
    • Handle: RePEc:qed:wpaper:222
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    Cited by:

    1. G J Papageorgiou, 1977. "Fundamental Problems of Theoretical Planning," Environment and Planning A, , vol. 9(12), pages 1329-1356, December.

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