City Economics
City Economics

Author: Brendan O'Flaherty

Publisher: Harvard University Press

Published: 2005-10-30

Total Pages: 616

ISBN-13: 9780674019188

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This introductory but innovative textbook on the economics of cities is aimed at students of urban and regional policy as well as of undergraduate economics. It deals with standard topics, including automobiles, mass transit, pollution, housing, and education but it also discusses non-standard topics such as segregation, water supply, sewers, garbage, fire prevention, housing codes, homelessness, crime, illicit drugs, and economic development. Its methods of analysis are primarily verbal, geometric, and arithmetic. The author achieves coherence by showing how the analysis of various topics reinforces one another. Thus, buses can tell us something about schools and optimal tolls about land prices. Brendan O'Flaherty looks at almost everything through the lens of Pareto optimality and potential Pareto optimality--how policies affect people and their well-being, not abstract entities such as cities or the economy or growth or the environment. Such traditionalism leads to radical questions, however: Should cities have police and fire departments? Should tax preferences for home ownership be repealed? Should public schools charge for their services? O'Flaherty also gives serious consideration to such heterodox policies as pay-at-the-pump auto insurance, curb rights for buses, land taxes, marginal cost water pricing, and sidewalk zoning.

Cities and the Wealth of Nations
Cities and the Wealth of Nations

Author: Jane Jacobs

Publisher: Vintage

Published: 2016-08-17

Total Pages: 256

ISBN-13: 0525432876

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In this eye-opening work of economic theory, Jane Jacobs argues that it is cities—not nations—that are the drivers of wealth. Challenging centuries of economic orthodoxy, in Cities and the Wealth of Nations the beloved author contends that healthy cities are constantly evolving to replace imported goods with locally-produced alternatives, spurring a cycle of vibrant economic growth. Intelligently argued and drawing on examples from around the world and across the ages, here Jacobs radically changes the way we view our cities—and our entire economy.

The Rise and Fall of Urban Economies
The Rise and Fall of Urban Economies

Author: Michael Storper

Publisher: Stanford University Press

Published: 2015-09-02

Total Pages: 324

ISBN-13: 0804796025

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Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth—luck, immigration, local economic policies, and the pool of skilled labor—do not account for the contrast between the two cities and their fates. So what does? The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major components—economic specialization, human capital formation, and institutional factors—to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.

The Spatial Economy
The Spatial Economy

Author: Masahisa Fujita

Publisher: MIT Press

Published: 2001-07-27

Total Pages: 325

ISBN-13: 0262303604

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The authors show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy—that is, where economic activity occurs and why. Using new tools—in particular, modeling techniques developed to analyze industrial organization, international trade, and economic growth—this "new economic geography" has emerged as one of the most exciting areas of contemporary economics. The authors show how seemingly disparate models reflect a few basic themes, and in so doing they develop a common "grammar" for discussing a variety of issues. They show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. This book is the first to provide a sound and unified explanation of the existence of large economic agglomerations at various spatial scales.

Urban Economics and Fiscal Policy
Urban Economics and Fiscal Policy

Author: Holger Sieg

Publisher: Princeton University Press

Published: 2020-08-04

Total Pages: 552

ISBN-13: 0691190844

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An innovative advanced-undergraduate and graduate-level textbook in urban economics With more than half of today’s global GDP being produced by approximately four hundred metropolitan centers, learning about the economics of cities is vital to understanding economic prosperity. This textbook introduces graduate and upper-division undergraduate students to the field of urban economics and fiscal policy, relying on a modern approach that integrates theoretical and empirical analysis. Based on material that Holger Sieg has taught at the University of Pennsylvania, Urban Economics and Fiscal Policy brings the most recent insights from the field into the classroom. Divided into short chapters, the book explores fiscal policies that directly shape economic issues in cities, such as city taxes, the provision of quality education, access to affordable housing, and protection from crime and natural hazards. For each issue, Sieg offers questions, facts, and background; illuminates how economic theory helps students engage with topics; and presents empirical data that shows how economic ideas play out in daily life. Throughout, the book pushes readers to think critically and immediately put what they are learning to use by applying cutting-edge theory to data. A much-needed resource for students and policymakers, Urban Economics and Fiscal Policy offers a unique approach to a vital and fast-growing area of economic study. Introduces advanced-undergraduate and graduate students to urban economics Presents the latest theoretical and empirical research Applies economic tools to real-world issues, including housing, labor, education, crime, and the environment Explains and uses simple economic models and quantitative analysis

Keys to the City
Keys to the City

Author: Michael Storper

Publisher: Princeton University Press

Published: 2013-07-21

Total Pages: 289

ISBN-13: 1400846269

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Why do some cities grow economically while others decline? Why do some show sustained economic performance while others cycle up and down? In Keys to the City, Michael Storper, one of the world's leading economic geographers, looks at why we should consider economic development issues within a regional context--at the level of the city-region--and why city economies develop unequally. Storper identifies four contexts that shape urban economic development: economic, institutional, innovational and interactional, and political. The book explores how these contexts operate and how they interact, leading to developmental success in some regions and failure in others. Demonstrating that the global economy is increasingly driven by its major cities, the keys to the city are the keys to global development. In his conclusion, Storper specifies eight rules of economic development targeted at policymakers. Keys to the City explains why economists, sociologists, and political scientists should take geography seriously.

Urban Economics
Urban Economics

Author: Arthur O'Sullivan

Publisher: McGraw-Hill/Irwin

Published: 1996

Total Pages: 776

ISBN-13:

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Bringing urban issues into a modern microeconomic framework, this work uses basic economic analysis to explain why cities exist, where they develop, how they grow and how various activities are arranged within them. Census data is incorporated into the text, and used in charts and tables.

Lectures on Urban Economics
Lectures on Urban Economics

Author: Jan K. Brueckner

Publisher: MIT Press

Published: 2011-09-09

Total Pages: 296

ISBN-13: 0262300311

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A rigorous but nontechnical treatment of major topics in urban economics. Lectures on Urban Economics offers a rigorous but nontechnical treatment of major topics in urban economics. To make the book accessible to a broad range of readers, the analysis is diagrammatic rather than mathematical. Although nontechnical, the book relies on rigorous economic reasoning. In contrast to the cursory theoretical development often found in other textbooks, Lectures on Urban Economics offers thorough and exhaustive treatments of models relevant to each topic, with the goal of revealing the logic of economic reasoning while also teaching urban economics. Topics covered include reasons for the existence of cities, urban spatial structure, urban sprawl and land-use controls, freeway congestion, housing demand and tenure choice, housing policies, local public goods and services, pollution, crime, and quality of life. Footnotes throughout the book point to relevant exercises, which appear at the back of the book. These 22 extended exercises (containing 125 individual parts) develop numerical examples based on the models analyzed in the chapters. Lectures on Urban Economics is suitable for undergraduate use, as background reading for graduate students, or as a professional reference for economists and scholars interested in the urban economics perspective.

Cities and Economic Development
Cities and Economic Development

Author: Paul Bairoch

Publisher: University of Chicago Press

Published: 1988

Total Pages: 600

ISBN-13: 9780226034669

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When and how were cities born? Does urbanization foster innovation and economic development? What was the level of urbanization in traditional societies? Did the Industrial Revolution facilitate urbanization? Has the growth of cities in the Third World been a handicap or an asset to economic development? In this revised translation of De Jéricho à Mexico, Paul Bairoch seeks the answers to these questions and provides a comprehensive study of the evolution of the city and its relation to economic life. Bairoch examines the development of cities from the dawn of urbanization (Jericho) to the explosive growth of the contemporary Third World city. In particular, he defines the roles of agriculture and industrialization in the rise of cities. "A hefty history, from the Neolithic onward. It's ambitious in scope and rich in subject, detailing urbanization and, of course, the links between cities and economies. Scholarly, accessible, and significant."—Newsday "This book offers a path-breaking synthesis of the vast literature on the history of urbanization."—John C. Brown, Journal of Economic Literature "One leaves this volume with the feeling of positions intelligently argued and related to the existing state of theory and knowledge. One also has the pleasure of reading a book unusually well-written. It will long both be a standard and stimulate new thought on the central issue of urban and economic growth."—Thomas A. Reiner, Annals of the American Academy of Political and Social Science

The Oxford Handbook of Urban Economics and Planning
The Oxford Handbook of Urban Economics and Planning

Author: Nancy Brooks

Publisher: Oxford University Press

Published: 2012-01-12

Total Pages: 1027

ISBN-13: 0195380622

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This volume embodies a problem-driven and theoretically informed approach to bridging frontier research in urban economics and urban/regional planning. The authors focus on the interface between these two subdisciplines that have historically had an uneasy relationship. Although economists were among the early contributors to the literature on urban planning, many economists have been dismissive of a discipline whose leading scholars frequently favor regulations over market institutions, equity over efficiency, and normative prescriptions over positive analysis. Planners, meanwhile, even as they draw upon economic principles, often view the work of economists as abstract, not sensitive to institutional contexts, and communicated in a formal language spoken by few with decision making authority. Not surprisingly, papers in the leading economic journals rarely cite clearly pertinent papers in planning journals, and vice versa. Despite the historical divergence in perspectives and methods, urban economics and urban planning share an intense interest in many topic areas: the nature of cities, the prosperity of urban economies, the efficient provision of urban services, efficient systems of transportation, and the proper allocation of land between urban and environmental uses. In bridging this gap, the book highlights the best scholarship in planning and economics that address the most pressing urban problems of our day and stimulates further dialog between scholars in urban planning and urban economics.