Dynamic Urban Models: Agglomeration and GrowthMarcus Berliant () and Ping Wang () No 1167, Working Papers from California Institute of Technology, Division of the Humanities and Social Sciences Abstract: Theoretical models of urban growth are surveyed in a common framework. Exogenous growth models, where growth in some capital stock as a function of investment is assumed, are examined first. Then endogenous growth models, where use of some factor by a firm increases the productivity of other firms, are studied. These are all modes with perfect competition among agents. Next, models with imperfect competition are discussed. There are two varieties: those employing a monopolistic competition approach to product differentiation, and those employing explicit externalities but lacking some markets. Finally, avenues for future research are explored. Correlations between agglomeration and growth in the various models and data are compared. Keywords: agglomerative activity; Marshallian externalities; matching; urban growth (search for similar items in EconPapers) Published: Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: http://EconPapers.repec.org/RePEc:clt:sswopa:1167 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in Working Papers from California Institute of Technology, Division of the Humanities and Social Sciences |
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