Agglomeration and market interaction
Masahisa Fujita and
Jacques Thisse
No 2002011, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
Abstract:
The most salient feature of the spatial economy is the presence of a large variety of economic agglomerations. Our purpose is to review some of the main explanations of this universal phenomenon, as they are proposed in urban economics and modern economic geography. We first show why the competitive framework can hardly be the foundation for the economics of agglomeration. We then briefly review the alternative modeling strategies. In the hope to make our paper accessible to a broad audience, we presents in detail the two models that have been used so farto study the spatial distribution of economic activities. Finally, several extensions of these models are discussed.
Date: 2002-03
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Working Paper: Agglomeration and market interaction (2003)
Working Paper: Agglomeration and Market Interaction (2002) 
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2002011
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