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Regional and Urban Economics and Economic Development

Theory and Methods

By Mary E. Edwards

Auerbach Publications – 2007 – 752 pages

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    978-0-8493-8317-5
    March 11th 2007

Description

Thorough and authoritative, Regional and Urban Economics and Economic Development: Theory and Methods provides students with a sound approach to analyzing the economic progress of a region or urban area.

The textbook is divided into four sections for ease of reference. The first section, Market Areas and Firm Location Analysis introduces spatial economics and location theory, while the next section, Regional Growth and Development analyzes regional growth and development models and policy. Introducing the foundations of urban economics, Urban Land Use and Urban Form examines land rent, land use patterns, and the effects of attempts to control land uses. The final section, Urban Problems and Policy, investigates local public finance and introduces the policy analysis involved in countering urban problems.

Addressing these topics from the perspectives of how they affect the population at large and how they become established within public policy, Regional and Urban Economics and Economic Development: Theory and Methods provides students with an essential foundation not only to understand but also to contemplate the dynamics of varying economic factors as they relate to an area's growth.

Contents

Nature and Scope of Regional and Urban Economics

Roots of Spatial Economics

What makes up a Region?

Classifying Regions

How Does Space Affect Traditional Economics?

Plan of the Book

Appendix: Data Sources

Research Questions

List of References

PART I: MARKET AREAS AND FIRM LOCATION ANALYSIS

Linear Market Areas

From Demand Functions to Price-Distance Functions

Dynamics of Market Areas

Price Elasticity of Demand and Distance

Hotelling's Linear Markets

Challenging the Principle of Minimum Differentiation

Consumer Search Behavior and Firm Location

Summary and Conclusions

Chapter Questions

Research Assignments

List of References

Mathematical Appendix

Questions to Mathematical Appendix

Market Areas and Systems of Cities

Location on a Plain

Systems of Cities and Central Places

The Instability of Urban Hierarchies

Approaches for Studying Competing Centers

Rural Cities and Economic Growth

Limitations of the Central Place Theory

Summary and Conclusions

Chapter Questions

Research Assignments

List of References

Appendix: Delineating Markets

Summary and Conclusions

Now it's Your Turn

List of References

Industrial Location

Least Cost Location with Variable Inputs

Increasing versus Constant Returns to Scale

Transport-Oriented Models

Footloose Firms

Summary

Chapter Questions

Research Assignments

List of References

Agglomeration Economies and Entrepreneur's Preferences

Agglomeration Economies

Localization Economies

Urbanization Economies

Diseconomies of Agglomeration

Accidents, History and Circular and Cumulative Causality

Utility Maximization and Plant Location

Summary and Conclusion

Chapter Questions

Research Assignments

List of References

Appendix: Location under Uncertainty

List of References

Spatial Pricing Decisions

What is Price Discrimination?

Spatial Price Discrimination

Welfare Analysis of Pricing Decisions

Summary and Conclusions

Chapter Questions

Research Assignment

List of References

PART II. REGIONAL GROWTH AND DEVELOPMENT

Short-Run Income Models

Production Possibilities Curves and Economic Growth

Comparative Advantage

Demand-Based Models (Short-Run)

Economic Base Theory and Analysis

Nontraditional Economic Bases

Financial Markets and Regional Growth

Input-Output Analysis

Decomposing Regional Employment

Summary and Conclusions

Chapter Questions

Research Assignments

List of References

Appendix: Short-run Model of an Open Economy

Supply-Based Regional Growth Analysis

Neoclassical Growth Theory

Endogenous Growth Theory

Innovation and the Diffusion of Technology

Knowledge, Innovation and Technological Progress

Human Capital and Technical Change

The Role of Capital and Entrepreneurship in Regional

Growth

Foreign Direct Investment: Does Ownership of Capital

Matter?

Summary and Conclusions

Chapter Questions

Research Assignments

List of References

Core-Periphery Models: Distance Counts

von Thünen's Concentric Rings

Product Life-Cycles and Firm Location

Growth Poles

Staple Theory of Economic Development

Rural Economic Development

Summary and Conclusions

Chapter Questions

Research Assignments

List of References

Regional Labor Markets and Migration

Labor Market Structure

Regional Wage Differentials

Types of Unemployment

Increasing a Region's Labor Supply

Consequences of Immigration

Summary and Conclusions

Chapter Questions

Research Assignments

List of References

Can Government Change a Region's Growth Path?

Why Government?

Will Non-Resident Consumer Spending Sustain Regional

Prosperity?

The Effects of Economic Development Policy

Economic Development Incentive Tools

Is the Battle Worth It?

Summary

Chapter Questions

Research Assignments

List of References

Appendix: Measuring an Area's Economic Welfare

Research Assignment

List of References

PART III. URBAN LAND USE AND URBAN FORM

Land Rents and Land Use Patterns

Land Rent, Contract Rent and Economic Rent

Demand for Land

Intraurban Industry Location

Periurbanization

Capitalization Process

Hedonic Price Indices

Summary and Conclusion

Chapter Questions

Research Assignments

List of References

The Housing Market

Why is the Housing Market Efficient?

Housing Services

Housing Prices

Housing Supply Functions

Housing Demand

Segregation and Discrimination

Affordability

Summary and Conclusions

Chapter Questions

Research Assignments

List of References

Transportation

Transportation Demand

Transportation Supply

Costing-out Externalities

Congestion

Summary and Conclusions

Chapter Questions

Research Assignments

List of References

Growth Controls, Smart Growth and Zoning

Urban Sustainability

Property Rights and Ownership

How to Control Growth

Effects of Controlling Land-Use

Is there a Case for Controlled Growth?

Compact Cities

Alternative Solutions for Curbing "Sprawl"

Summery and Conclusions

Chapter Question

Research Assignment

List of References

PART IV. URBAN PROBLEMS AND POLICY

Local Public Finance

Collective Choice and the Median Voter Model

Local Public Goods

Tiebout Hypothesis

Public Finance Debates

Revenue Sources of Local Government

Summary and Conclusions

Chapter Questions

Research Questions

List of References

Appendix: Edgeworth Box and Pareto Optimality

Intergovernmental Relations

Fiscal Federalism: Who Provides What to Whom?

Government Hierarchies and Local Game Playing

Interjurisdictional Competition

Yardstick Competition

Summary and Conclusions

Chapter Questions

Research Questions

List of References

Income Inequality and Poverty

Definition of Income

Measuring Income Inequality and Poverty

Who are the Poor?

Poverty Dynamics

How to Help the Poor

Conclusion

Chapter Questions

Research Questions

List of References

Optimal Local Education Policies

Education and Growth

Production Function for Education

Creating an Educated Labor Force

Improving School Quality

Willingness to pay for Education

Conclusion

Chapter Questions

Research Questions

List of References

Controlling Crime

Categorizing Crimes

Economic Theory of Crime

Competing Theories of Crime

Social Costs of Crime

Victims

Economic Theories of Hate, Passion, Violence and

Drugs

Victimless Crimes

Organized Crime

What Works to Reduce Crime?

Summary and Conclusions

Chapter Questions

Research Questions

List of References

Name: Regional and Urban Economics and Economic Development: Theory and Methods (Hardback)Auerbach Publications 
Description: By Mary E. Edwards. Thorough and authoritative, Regional and Urban Economics and Economic Development: Theory and Methods provides students with a sound approach to analyzing the economic progress of a region or urban area. The textbook is divided into four sections for...
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