Urbanization, Dual Structure Between Urban and Rural Areas, and the Division of Labor

Xiaokai Yang and Wai-Man Liu
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Wai-Man Liu: University of New South Wales, Australia

Chapter 12 in Inframarginal Economics, 2008, pp 351-390 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Why and How Cities Emerge from the Division of Labor?Emergence of Cities and of the Dual Structure Between Urban and Rural AreasWhy Can Geographical Concentration of Transactions Improve Trading Efficiency?Simultaneous Endogenization of Level of Division of Labor, Location Pattern of Residences, Geographical Pattern of Transactions, and Land PricesA Neoclassical Model of Urbanization based on the Trade off Between Economies of Scale and Transaction CostsFurther ReadingExercises

Keywords: Inframarginal Economics; Inframarginal Analysis; Division of Labor; Specialization; Network Effects; Smithian Framework; Transaction Costs (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Date: 2008
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