How polycentric is a monocentric city? Centers, spillovers and hysteresis
| Autor: | Nicolai Wendland, Gabriel M. Ahlfeldt |
|---|---|
| Rok vydání: | 2012 |
| Předmět: |
Economics and Econometrics
Land Values Urban agglomeration Economies of agglomeration media_common.quotation_subject Geography Planning and Development HD Industries. Land use. Labor jel:N7 jel:N9 jel:O12 HN Social history and conditions. Social problems. Social reform Service (economics) Value (economics) Economics transport innovations land values location productivity agglomeration economies economic history Berlin Economic geography jel:R33 HE Transportation and Communications Productivity media_common |
| Zdroj: | Journal of Economic Geography. 13:53-83 |
| ISSN: | 1468-2710 1468-2702 |
| Popis: | We assess the extent to which firms in an environment of decreasing transport costs and industrial transformation value the benefits of proximity to a historic CBD and agglomeration economies in their location decisions. Taking a hybrid perspective of classical bid-rent theory and a world where clustering of economic activity is driven by between-firm spillovers, Berlin, Germany, from 1890 to 1936 serves as a case in point. Our results suggest that the average productivity effect of a doubling of between- firm spillovers over the study period increases from 3.5% to 8.3%. As the city transforms into a service-based economy, several micro agglomerations emerge. Their locations close to the CBD still make the city look roughly monocentric. This is in line with a hysteresis effect in which second-nature geography drives the ongoing strength of a historic city center even though the importance of the originally relevant first-nature geography has vanished. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|