Technology and the Life Cycle of Cities

Elise Brezis () and Paul Krugman

No 4561, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: During times of major technological change leading cities are often overtaken by upstart metropolitan areas. Such upheavals may be explained if the advantage of established urban centers rests on localized learning-by-doing. When a new technology for which this accumulated experience is irrelevant is introduced, older centers prefer to stay with a technology in which they are more efficient. New centers, however, turn to the new technology, and are competitive despite the raw state of that technology because of their lower land rents and wages. Over time, as the new technology matures, the established cities are overtaken.

Date: 1993-12
Note: ITI
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Published as Journal of Economic Growth, Vol. 2, no. 4 (December 1997), pp. 369-383.

Downloads: (external link)
http://www.nber.org/papers/w4561.pdf (application/pdf)

Related works:
Journal Article: Technology and the Life Cycle of Cities (1997)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:4561

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w4561

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().