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Agglomeration and the Adjustment of the Spatial Economy

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  • Pierre-Philippe Combes
  • Gilles Duranton
  • Henry Overman

Abstract

We consider the literatures on urban systems and New Economic Geography to examine questions concerning agglomeration and how areas respond to shocks to the economic environment. We first propose a diagrammatic framework to compare the two approaches. We then use this framework to study a number of extensions and to consider several policy relevant issues.

Suggested Citation

  • Pierre-Philippe Combes & Gilles Duranton & Henry Overman, 2005. "Agglomeration and the Adjustment of the Spatial Economy," CEP Discussion Papers dp0689, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepdps:dp0689
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    More about this item

    Keywords

    Urban systems; New Economic Geography; Urban and regional policy; diagrammatic exposition;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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