Economics of agglomeration

Author: Masanori Fujita
Publisher:
Publish Date: 2004-11-01
Features: As a classic literature in modern agglomeration economics and economic geography, this book differs from other agglomeration theory literature in that it does not study agglomeration phenomena in the context of a specific field (such as industrial agglomeration), but rather examines agglomeration behavior from a general perspective and proposes a universally applicable analytical framework. It further explains the trade-offs between different forms of increasing returns and various types of transportation costs, and for the first time provides a comprehensive explanation of the economic reasons behind the clustering of firms and households. This book offers a unified explanation framework for the economic reasons behind the agglomeration of firms and households. Its purpose is to further explain the trade-offs between different forms of increasing returns and various types of transportation costs. It is important to note that the concept of economic agglomeration is a very prominent phenomenon in the real world. Grounded in modern economics while drawing on concepts and ideas from geography and regional science, this book is suitable for a broad readership, including economists, geographers, regional planners, and other scientific workers. Economics of Agglomeration can serve as a teaching text for graduate students and advanced upper-level students.