By R Capello and P Nijkamp (Eds.)
The amount goals to provide an up-to-date selection of complicated theories and techniques within the box of city regulations, and highlights glossy city rules that stem from them. Contributions pressure the boundaries of prior theories and strategies, and emphasize the hot instructions which are built within the box, and boundaries which are conquer, offering during this manner a dynamic standpoint on theoretical and methodological wisdom within the box of city economics. city rules, in addition to sensible difficulties envisaged in our smooth towns, that make the most from this theoretical improvement are under pressure.
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Extra info for Urban Dynamics and Growth: Advances in Urban Economics
Sample text
Thirdly, the spatial grouping of firms allows for the creation of a local specialised labour pool. This allows all firms within the group to reduce their labour acquisition costs, and there are two aspects to these cost reductions. Firstly, a local skill-base reduces the general hiring and re-training costs incurred by the local firm which are associated with any job changes within the group. Labour can move between firms relatively easily and the firms are also able to employ new workers relatively easily.
The ‘quantitative’ revolution in economics has no doubt exerted a significant impact on the methodology of regional science as a whole. In urban economics this has led to the possibility to ‘measure the unmeasurable’: examples are dynamic urban economies, urban milieu effects, environmental externalities in cities, social costs of alternative land use patterns, city network advantages, knowledge spillovers and collective learning processes; the results achieved provide robust empirical evidence for policy makers and practitioners.
Although there is evidence concerning the relative importance of localisation vs. , 1995). 3 3 The empirical literature is surveyed in the forthcoming (2004) North-Holland Handbook of Regional and Urban Economics Vol IV. Urban Scale Economies: Statics and Dynamics 37 It is important to note here that in terms of the mechanisms by which agglomeration externalities are mediated within cities, each of Marshall’s sources of agglomeration can contribute to the development of either localisation economies or urbanisation economies.