Consumer City
Edward Glaeser,
Jed Kolko and
Albert Saiz
No 7790, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
Urban economics has traditionally viewed cities as having advantages in production and disadvantages in consumption. We argue that the role of urban density in facilitating consumption is extremely important and understudied. As firms become more mobile, the success of cities hinges more and more on cities' role as centers of consumption. Empirically, we find that high amenity cities have grown faster than low amenity cities. Urban rents have gone up faster than urban wages, suggesting that the demand for living in cities has risen for reasons beyond rising wages. The rise of reverse commuting suggest the same consumer city phenomena.
JEL-codes: R0 R5 (search for similar items in EconPapers)
Date: 2000-07
Note: EFG PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)
Published as Edward L. Glaeser, Jed Kolko, and Albert Saiz, 2001. "Consumer city," Journal of Economic Geography, Oxford University Press, vol. 1(1), pages 27-50, January.
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Journal Article: Consumer city (2001)
Working Paper: Consumer City (2000)
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