Micro-Foundations of Urban Agglomeration Economies / Giles Duranton, Diego Puga.

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Duranton, Giles

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Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w9931.Publication details: Cambridge, Mass. National Bureau of Economic Research 2003.Description: 1 online resource: illustrations (black and white)Subject(s):

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Abstract: This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of micro-foundations, based on sharing, matching, and learning mechanisms. For each of these three categories, we develop one or more core models in detail and discuss the literature in relation to those models. This allows us to give a precise characterisation of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modelling issues that arise when working with these tools, and to compare different sources of agglomeration economies in terms of the aggregate urban outcomes they produce as well as in terms of their normative implications.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w9931 (Browse shelf(Opens below))	Not For Loan

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Previous	nber w9928 Importing Technology /	nber w9929 Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria /	nber w9930 Does the Source of Capital Affect Capital Structure? /	nber w9931 Micro-Foundations of Urban Agglomeration Economies /	nber w9932 Tough Policies, Incredible Policies? /	nber w9933 Becoming Oldest-Old: Evidence from Historical U.S. Data /	nber w9934 Unbundling Institutions /	Next

September 2003.

This handbook chapter studies the theoretical micro-foundations of urban agglomeration economies. We distinguish three types of micro-foundations, based on sharing, matching, and learning mechanisms. For each of these three categories, we develop one or more core models in detail and discuss the literature in relation to those models. This allows us to give a precise characterisation of some of the main theoretical underpinnings of urban agglomeration economies, to discuss modelling issues that arise when working with these tools, and to compare different sources of agglomeration economies in terms of the aggregate urban outcomes they produce as well as in terms of their normative implications.