Agglomeration and the adjustment of the spatial economy

Agglomeration and the adjustment of the spatial economy

by Pierre-Philippe Combes

Book 689 of no.

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About
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.

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