The DOI matches its Crossref record; 107 of the 107 references it cites were found in a registry or an index.
The Wealth of Cities: Agglomeration Economies and Spatial Equilibrium in the United States
Abstract
Empirical research on cities starts with a spatial equilibrium condition: workers and firms are assumed to be indifferent across space. This condition implies that research on cities is different from research on countries, and that work on places within countries needs to consider population, income, and housing prices simultaneously. Housing supply elasticity will determine whether urban success reveals itself in the form of more people or higher incomes. Urban economists generally accept the existence of agglomeration economies, which exist when productivity rises with density, but estimating the magnitude of those economies is difficult. Some manufacturing firms cluster to reduce the costs of moving goods, but this force no longer appears to be important in driving urban success. Instead, modern cities are far more dependent on the role that density can play in speeding the flow of ideas. Finally, urban economics has some insights to offer related topics such as growth theory, national income accounts, public economics, and housing prices. (JEL R11, R23, R31, R32)
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Cited by
The growth of low-skill service jobs and the polarization of the US labor market
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Identifying Agglomeration Spillovers: Evidence from Winners and Losers of Large Plant Openings
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Human Capital and Regional Development *
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Metadata
- Authors
- Glaeser, E. L., & Gottlieb, J. D.
- Venue
- Journal of Economic Literature
- Publisher
- American Economic Association
- Published
- 2009-12-01
- Volume
- 47
- Issue
- 4
- Pages
- 983-1028
- ISSN
- 0022-0515 (ISSN-L)
- OpenAlex
- W2111913540
- Cited by
- 1,082
- References
- 107
- FWCI
- 73.97
- Type
- journal article
- Language
- en
- Open access
- closed
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