Agglomeration and the Adjustment of the Spatial Economy
47 Pages Posted: 12 Sep 2005
Date Written: April 2005
We consider the literatures on urban systems and New Economic Geography to examine questions concerning agglomeration and how areas respond to shocks to the economic environment. We first propose a diagrammatic framework to compare the two approaches. We then use this framework to study a number of extensions and to consider several policy relevant issues.
Keywords: Urban systems, new economic geography, urban and regional policy, diagrammatic exposition
JEL Classification: R00, R58
Suggested Citation: Suggested Citation