The Law of Urban Growth and the Local Public Sector

John Hartwick

No 274624, Queen's Economics Department Working Papers from Queen's University - Department of Economics

Abstract: We set out a city as a price-taking exporter and importer with its own local structure (housing (land per household) and a local pure public good are produced endogenously). We impove labor e¢ ciency in the export sector, observe a jump in the local wage, and trace the impact, particularly on production of the public good. In one case the population, output of the public good, and residential density expand (the law of urban growth) and in another, population, output of the public good and density contract.

Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 14
Date: 2013-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:quedwp:274624

DOI: 10.22004/ag.econ.274624

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