Search results
economic functions that cluster in speci˙c locations within cities, such as advertising agencies in midtown Manhattan, or ˙nance in the Square Mile in London.1 The de˙ning characteristic of cities is arguably the absence of physical space between people and ˙rms, as they cluster together. Economists distinguish between two types of explanations
10 lip 2023 · This study provides a modest review of location theory in economic geography, tracing its evolution from classical origins to contemporary perspectives.
7 cze 2016 · This paper draws on location theories to statistically identify the relationship between the location of individual business establishments and the characterization of their local economic ...
Figure 1 shows the relationship between median housing prices across 187 cities in the greater Boston region and distance between those cities and downtown Boston.2 On average, an extra mile. 2 Housing prices are based on the 2000 Census. Distance to Boston is defined in Glaeser and Ward (2006).
Spatial economics aims to explain why there are peaks and troughs in the spatial distribution of wealth and people, from the international and regional to the urban and local.
We measure the geographical distance between the City of London and 27 local authorities by road distance. We used the market size and employment structure of the local authorities relative to the City of London to calculate economic distance.
Economics of Cities. Because cities are likely to play an even more predominant role in the global economy in the future than they do at present, it is important to understand how urban centers are created, grow, and function in the process of generating and distributing wealth.
