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Redefining Urban Centrality: Integrating Economic Complexity Indices into Central Place Theory

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Listed:
  • Jonghyun Kim
  • Donghyeon Yu
  • Hyoji Choi
  • Dongwoo Seo
  • Bogang Jun

Abstract

This study introduces a metric designed to measure urban structures through the economic complexity lens, building on the foundational theories of urban spatial structure, the Central Place Theory (CPT) (Christaller, 1933). Despite the significant contribution in the field of urban studies and geography, CPT has limited in suggesting an index that captures its key ideas. By analyzing various urban big data of Seoul, we demonstrate that PCI and ECI effectively identify the key ideas of CPT, capturing the spatial structure of a city that associated with the distribution of economic activities, infrastructure, and market orientation in line with the CPT. These metrics for urban centrality offer a modern approach to understanding the Central Place Theory and tool for urban planning and regional economic strategies without privacy issues.

Suggested Citation

  • Jonghyun Kim & Donghyeon Yu & Hyoji Choi & Dongwoo Seo & Bogang Jun, 2024. "Redefining Urban Centrality: Integrating Economic Complexity Indices into Central Place Theory," Papers 2407.19762, arXiv.org.
  • Handle: RePEc:arx:papers:2407.19762
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    References listed on IDEAS

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    1. Alex Anas & Richard Arnott & Kenneth A. Small, 1998. "Urban Spatial Structure," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1426-1464, September.
    2. Cesar A. Hidalgo & Ricardo Hausmann, 2009. "The Building Blocks of Economic Complexity," Papers 0909.3890, arXiv.org.
    3. Gordon Mulligan & Mark Partridge & John Carruthers, 2012. "Central place theory and its reemergence in regional science," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 48(2), pages 405-431, April.
    4. Bogang Jun & C Jara-Figueroa & Donghyeon Yu, 2022. "The economic resilience of a city: the effect of relatedness on the survival of amenity shops during the COVID-19 pandemic [A tutorial on multilevel survival analysis: methods, models and applicati," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(3), pages 551-573.
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    More about this item

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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