By Richard J. Arnott, Daniel P. McMillen
A spouse to city Economics offers a state of the art review of this box, speaking its highbrow richness via a various portfolio of authors and themes. special in either its rigor and foreign remedy an awesome supplementary textbook in upper-level undergraduate city economics classes, or in master's point classes, delivering scholars with the required starting place to take on extra complex themes in city economics includes contributions from the world’s major city economists
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Extra info for A companion to urban economics
Similarly, a skilled programmer in the Valley can more easily ﬁnd a new position without having to relocate. In both instances, labor pooling reduces search costs and improves match quality, providing valuable beneﬁts for employers and workers. An example of knowledge spillovers is when the software company’s programmers can learn the tricks of the trade from random interactions with other programmers in Silicon Valley. What is the evidence on these sources? As of now, the answers to this question are suggestive rather than conclusive.
All we can say is that there is evidence that these sorts of general policies can be successful in promoting prosperity. The most important thing to remember when considering policies to attract speciﬁc industries or ﬁrms is that there appear to be strong forces at work leading to agglomeration. This is clear from the maps with which the chapter began. This should comfort a government trying to retain ﬁrms who are already located in an industry cluster. For instance, New York’s Mayor Bloomberg is, as of this writing, not responding aggressively to threats from ﬁrms who are considering relocating outside of the city.
And —— 2003: Geography, industrial organization, and agglomeration. Review of Economics and Statistics, 85(2), 377–93. —— and —— 2004: Evidence on the nature and sources of agglomeration economies. In J. V. -F. ), Handbook of Urban and Regional Economics, vol. 4: Cities and Geography. Amsterdam: North-Holland. Saxenian, A. 1994: Regional Advantage: Culture and Competition in Silicon Valley and Route 128. Cambridge, MA: Harvard University Press. ACTC01 23 18/04/2006, 12:21PM A Companion to Urban Economics Edited by Richard J.
A companion to urban economics by Richard J. Arnott, Daniel P. McMillen