Modern Urban and Regional Economics 2nd Edition by Philip Mccann 0199582009 9780199582006

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ISBN 10: 0199582009
ISBN 13: 9780199582006
Author: Philip McCann

Modern Urban and Regional Economics explains the spatial economic underpinnings of the behaviour of urban and regional economies in order to highlight the differences between the two types of economy. The explicitly spatial approach enables the author to present both urban economics and regional economics within a single integrated framework, using clear model-based explanations from first principles and extensive graphic illustration of the theories discussed.

Modern Urban and Regional Economics 2nd Table of contents:

Part I Urban and Regional Economic Models and Methods
1 Industrial location: the location of the firm in theory
1.1 Introduction
1.2 Classical and neoclassical models of location
1.2.1 The Weber location-production model
1.2.2 The location effect of input transport costs
1.2.3 The location effect of output transport costs
1.2.4 The location effect of varying factor prices
1.2.5 The location effect of new input sources and new markets
1.3 The Moses location-production model
1.4 Market area analysis: spatial monopoly power
1.4.1 The Hotelling model of spatial competition
1.4.2 Price competition, quality competition, and product space
1.5 Conclusions
2 Agglomeration and clustering
2.1 Introduction
2.2 Industrial clustering: returns to scale and geography
2.3 Agglomeration economies
2.3.1 The sources of agglomeration economies
2.3.2 The types of agglomeration economies
2.4 Clusters, firm types, and the nature of transactions
2.5 People clustering: creativity and urban consumption
2.6 Limited information, uncertainty, and the evolution of clusters
2.7 Conclusions
3 The spatial distribution of activities
3.1 Introduction to industrial dispersal
3.2 Firm dispersion: price discrimination, market areas, and distance costs
3.2.1 Spatial pricing and price discrimination
3.2.2 Reilly’s law of market areas
3.2.3 Linkage analysis and value–weight ratios
3.3 Urban hierarchies and classical central place theory
3.3.1 The Christaller approach to central places
3.3.2 The Lösch approach to central places
3.4 New economic geography (NEG)
3.5 Empirical regularities of the urban system: the rank-size rule
3.6 The structure and interpretation of regional data
3.7 Conclusions
4 The spatial structure of the urban economy
4.1 Introduction
4.2 The von Thunen model
4.2.1 Land competition in the von Thunen model
4.3 The bid-rent model for a firm
4.3.1 Land competition in the industry bid-rent model
4.4 The bid-rent model for a residential household
4.4.1 Land competition in the household bid-rent model
4.4.2 The treatment of environment in the household bid-rent model
4.5 Alternative models of distance–land price convexity
4.6 Critiques of urban economic models
4.6.1 Monocentricity
4.6.2 Land supply and land ownership
4.6.3 The optimal size of a city
4.7 Conclusions
5 Regional specialization, trade, and multiplier analysis
5.1 Introduction
5.2 The economic base model
5.3 Identifying the basic and non-basic sectors
5.3.1 The assumptions method
5.3.2 Location quotients
5.3.3 Choosing between the alternative economic base approaches
5.4 Keynesian regional multiplier
5.5 Comparing the economic base and Keynesian regional multipliers
5.6 Impact analysis
5.7 Regional input–output analysis
5.7.1 Additional comments on regional input–output analysis
5.8 Conclusions
6 Regional and interregional labour market analysis
6.1 Introduction
6.2 Wages and labour markets
6.2.1 A neoclassical approach
6.2.2 A Keynesian approach
6.3 Regional labour markets, wage flexibility, and capital utilization
6.4 Regional labour market adjustment
6.4.1 Regional capital adjustment
6.5 Wages and interregional labour migration
6.5.1 The disequilibrium model of interregional labour migration
6.5.2 The equilibrium model of interregional labour migration
6.5.3 The endogenous human-capital model of migration
6.5.4 Additional comments on wages and migration
6.6 Non-wage-related models of interregional migration
6.6.1 The gravity model of migration
6.6.2 The life-cycle model of migration
6.7 Conclusions
7 Regional growth, factor allocation, and balance of payments
7.1 Introduction
7.2 Neoclassical regional growth
7.2.1 The one-sector model of regional factor allocation and migration
7.2.2 The two-sector model of regional factor allocation and migration
7.2.3 The relationship between the one-sector and the two-sector regional models
7.3 Regional growth accounting and production function analysis
7.4 Keynesian perspectives on regional growth and balance of payments
7.4.1 The balance of payments approach to regional growth
7.4.2 The Verdoorn law and cumulative causation
7.5 Convergent growth or divergent growth?
7.5.1 Innovation and technological change
7.5.2 Alternative notions of capital
7.5.3 Institutions and social capital
7.6 Conclusions
Part II Globalization: Cities, Regions, and Economic Policy
8 Economic geography and economic history
8.1 Introduction to urbanization, industrialization, and globalization
8.2 Globalization, urbanization, industrialization: the sixteenth to the nineteenth century
8.3 Globalization, urbanization, and industrialization in the twentieth century
8.4 Recent features of urbanization and globalization
8.5 Modern globalization: global firms, global regions, and global cities
8.6 Conclusions
Discussion questions
9 Cities and regions in the modern global economy
9.1 Introduction
9.2 Different types of spatial transactions costs
9.2.1 Falling spatial transactions costs
9.2.2 Rising spatial transactions costs
9.3 Economic geography is spiky and uneven
9.3.1 Spatial equilibrium and geographical variations in productivity
9.4 The economic performance of today’s cities and regions
9.4.1 Scale and productivity in capital and dominant cities
9.4.2 Connectivity in capital and dominant cities
9.5 Non-core regions, intermediate regions, and peripheral regions
9.6 Conclusions
10 Modern urban and regional economic policy analysis
10.1 Introduction to the modern urban and regional policy context
10.2 Urban economic policy
10.2.1 Urban zoning policies
10.2.2 Urban regeneration policies
10.2.3 Greenbelts
10.3 Regional economic policy
10.3.1 Traditional regional policies
10.3.2 The project-based welfare effects of regional policy
10.3.3 The macroeconomic effects of regional policy
10.4 New debates in regional policy
10.4.1 The space-blind approach
10.4.2 The place-based approach
10.5 The differences between space-blind and place-based approaches
10.5.1 The interactions between geography and institutions
10.5.2 The nature of long-term development processes
10.5.3 The nature of national–regional decision-making processes
10.5.4 The intentions versus the outcomes of policies
10.5.5 Insights into the nature of regional and national development challenges
10.6 Conclusions

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