Ahlfeldt, Gabriel M. ; Wendland, Nicolai (2012)
How polycentric is a monocentric city? Centers, spillovers and hysteresis.
In: Journal of Economic Geography, 13 (1)
Artikel, Bibliographie
Kurzbeschreibung (Abstract)
We assess the extent to which firms in an environment of decreasing transport costs and industrial transformation value the benefits of proximity to a historic central business district (CBD) and agglomeration economies in their location decisions. Taking a hybrid perspective of classical bid-rent theory and a world where clustering of economic activity is driven by between-firm spillovers, Berlin, Germany, from 1890 to 1936 serves as a case in point. Our results suggest that the average productivity effect of a doubling of between-firm spillovers over the study period increases from 3.5% to 8.3%. As the city transforms into a service-based economy, several micro-agglomerations emerge. Their locations close to the CBD still make the city look roughly monocentric. This is in line with a hysteresis effect in which second-nature geography drives the ongoing strength of a historic city center even though the importance of the originally relevant first-nature geography has vanished.
| Typ des Eintrags: | Artikel |
|---|---|
| Erschienen: | 2012 |
| Autor(en): | Ahlfeldt, Gabriel M. ; Wendland, Nicolai |
| Art des Eintrags: | Bibliographie |
| Titel: | How polycentric is a monocentric city? Centers, spillovers and hysteresis |
| Sprache: | Englisch |
| Publikationsjahr: | September 2012 |
| Titel der Zeitschrift, Zeitung oder Schriftenreihe: | Journal of Economic Geography |
| Jahrgang/Volume einer Zeitschrift: | 13 |
| (Heft-)Nummer: | 1 |
| URL / URN: | http://dx.doi.org/10.1093/jeg/lbs013 |
| Kurzbeschreibung (Abstract): | We assess the extent to which firms in an environment of decreasing transport costs and industrial transformation value the benefits of proximity to a historic central business district (CBD) and agglomeration economies in their location decisions. Taking a hybrid perspective of classical bid-rent theory and a world where clustering of economic activity is driven by between-firm spillovers, Berlin, Germany, from 1890 to 1936 serves as a case in point. Our results suggest that the average productivity effect of a doubling of between-firm spillovers over the study period increases from 3.5% to 8.3%. As the city transforms into a service-based economy, several micro-agglomerations emerge. Their locations close to the CBD still make the city look roughly monocentric. This is in line with a hysteresis effect in which second-nature geography drives the ongoing strength of a historic city center even though the importance of the originally relevant first-nature geography has vanished. |
| Freie Schlagworte: | Transport innovations; land values; location productivity; agglomeration economies; economic history; Berlin; N7; N9 R33; O12 |
| Fachbereich(e)/-gebiet(e): | 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Volkswirtschaftliche Fachgebiete > Fachgebiet Internationale Wirtschaft 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Volkswirtschaftliche Fachgebiete 01 Fachbereich Rechts- und Wirtschaftswissenschaften |
| Hinterlegungsdatum: | 22 Jul 2013 11:43 |
| Letzte Änderung: | 22 Jul 2013 11:43 |
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