计量经济分析 = Econometric analysis

This paper considers the empirical literature on the nature and sources of urban increasing returns, also known as agglomeration economies. An important aspect of these externalities that has not been previously emphasized is that the effects of agglomeration extend over at least three different dimensions. These are the industrial, geographic, and temporal scope of economic agglomeration economies. In each case, the literature suggests that agglomeration economies attenuate with distance. Recently, the literature has also begun to provide evidence on the microfoundations of external economies of scale. The best known of these sources are those attributed to Marshall (1920): labor market pooling, input sharing, and knowledge spillovers. Evidence to date supports the presence of all three of these forces. In addition, there is also evidence that natural advantage, home market effects, consumption opportunities, and rent-seeking all contribute to agglomeration.

Evidence on the Nature and Sources of Agglomeration Economies

Evidence on the nature and sources of agglomeration economies

Author(s): Anas, Alex; Arnott, Richard; Small, Kenneth A. | Abstract: An interview with Chicago's current mayor, Richard M. Daley:'New York is too big this way,' the mayor says, raising a thick hand over his head. Stretching both arms out at his sides, he adds, 'Los Angeles is too big this way. All the other cities are too small. We're just right.' (Bailey and Coleman, 1996, p. 6)Mayor Daley is catering to a widespread fascination with the roles that urban size and structure play in people's lives. Academic as well as other observers have long sought explanations for urban development patterns and criteria by which to judge their desirability. Furthermore, as we shall see, understanding the organization of cities yields insights about economy-wide growth processes and sheds light on economic concepts of long standing interest: returns to scale, monopolistic competition, vertical integration, technological innovation, innovation diffusion, and international specialization. Cities also are prime illustrations of some newer academic interests such as complex structural evolution and self-organization.

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Urban spatial structure.

Under the hood Issues in the specification and interpretation of spatial regression models

Nonparametric Employment Subcenter Identification

This study examines the effect of the new rapid transit line from downtown Chicago to Midway Airport on single-family house prices before and after the opening of the line. The results show that the housing market anticipated the opening of the line. House prices were being affected by proximity to the stations in the late 1980s and early 1990s—after the plans for the line were well known. The difference between the increase in the value of homes within the sample area as compared with properties farther away from the new transit stations was approximately $216 million between 1986 and 1999.

Daniel P. McMillen

Papers

Nonparametric Employment Subcenter Identification

Reaction of House Prices to a New Rapid Transit Line: Chicago's Midway Line, 1983–1999

One Hundred Fifty Years of Land Values in Chicago: A Nonparametric Approach

The number of subcenters in large urban areas

Suburban Subcenters and Employment Density in Metropolitan Chicago