Urban Economics

ISBN-10: 0072984767
ISBN-13: 9780072984767
Edition: 6th 2007 (Revised)
List price: $178.44
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Book details

List price: $178.44
Edition: 6th
Copyright year: 2007
Publisher: McGraw-Hill Higher Education
Publication date: 1/17/2006
Binding: Hardcover
Pages: 432
Size: 7.25" wide x 9.25" long x 0.75" tall
Weight: 1.980
Language: English

Preface
Acknowledgments
Introduction and Axioms of Urban Economics
What Is Urban Economics?
What Is a City?
Why Do Cities Exist?
The Five Axioms of Urban Economics
What's Next?
References and Additional Reading
Census Definitions
Urban Population
Metropolitan and Micropolitan Statistical Areas
Principal City
Market Forces in the Development of Cities
Why Do Cities Exist?
A Region Without Cities-Backyard Production
A Trading City
Trading Cities in Urban History
A Factory Town
The Industrial Revolution and Factory Cities
A System of Factory Towns
Materials-Oriented Firms and Processing Towns
Summary
Applying the Concepts
References and Additional reading
Why Do Firms Cluster?
Sharing Intermediate Inputs
Sharing a Labor Pool
Labor Matching
Knowledge Spillovers
Self-Reinforcing Effects Cause Industry Clusters
Evidence of Localization Economies
Urbanization Economies
Other Benefits of Urban Size
Summary
Applying the Concepts
References and Additional Reading
City Size
Utility and City Size
A System of Cities
Specialized and Diverse Cities
Differences in City Size
The Size Distribution of Cities
Summary
Applying the Concepts
References and Additional Reading
Urban Growth
Economic Growth: Increase in Per-Capita Income
City-Specific Innovation and Income
Human Capital and Economic Growth
Urban Employment Growth
Public Policy and Equilibrium Employment
Projecting Changes in Total Employment
Who Benefits from Increased Employment?
Summary
Applying the Concepts
References and Additional Reading
The Regional Context of Urban Growth
The Neoclassical Model
Regional Concentration and Dispersion in the U.S.
References and Additional Reading
Land Rent and Land Use Patterns
Urban Land Rent
Introduction to Land Rent
Bid-Rent Curves for the Manufacturing Sector
Bid-Rent Curves for the Information Sector
Office Bid-Rent Curves with Factor Substitution
Housing Prices
The Residential Bid-Rent Curve
Relaxing the Assumptions: Time Costs, Public Services, Taxes, Amenities
Land-Use Patterns
Summary
Applying the Concepts
References and Additional Reading
Consumer and Factor Substitution
Consumer Choice and the Law of Demand
Input Choice and Factor Substitution
Land-Use Patterns
The Spatial Distribution of Jobs and People
A Closer Look at Subcenters
Urban Density
The Rise of the Monocentric City
The Demise of the Monocentric City
Urban Sprawl
Summary
Applying the Concepts
References and Additional Reading
The Monocentric Model and Applications
The Monocentric Model
Income and Location
A General Equilibrium Model of a Monocentric City
Applying the Concepts
Neighborhood Choice
Diversity versus Segregation
Sorting for Local Public Goods
Neighborhood Externalities
Neighborhood Choice
Schools and Neighborhood Choice
Crime and Neighborhood Choice
Racial Segregation
Consequences of Segregation
Summary
Applying the Concepts
References and Additional Reading
Zoning and Growth Controls
Land-Use Zoning
The Legal Environment of Zoning
A City Without Zoning?
Growth Control: Urban Growth Boundaries
Other Growth-Control Policies
Summary
Applying the Concepts
References and Additional Reading
Urban Transportation
Externalities from Autos
Congestion Externalities
The Congestion Tax
Practicalities of the Congestion Tax
Alternatives to a Congestion Tax
The Road Capacity Decision
Autos and Air Pollution
Motor Vehicle Accidents
Automobiles and Poverty
Summary
Applying the Concepts
References and Additional Reading
Mass Transit
Mass Transit Facts
Choosing a Travel Mode: Commuter Choices
Designing a Transit System
Subsidies for Public Transit
Deregulation: Contracting and Paratransit
Transit and Land-Use Patterns
Mass Transit and Poverty
Summary
Applying the Concepts
References and Additional Reading
Urban Crime
Crime
Crime Facts
The Rational Criminal
The Equilibrium Quantity of Crime
Legal Opportunities and Education
Applications: Big-City Crime and the Crime Drop
How Much Crime?
The Role of Prisons
Summary
Applying the Concepts
References and Additional Reading
Housing
Why Is Housing Different?
Heterogeneity and Hedonics
Durability, Deterioration, and Maintenance
Moving Costs and Consumer Disequilibrium
The Filtering Model of the Housing Market
Summary
Applying the Concepts
References and Additional Reading
Housing Policy
Public Housing
Housing Vouchers
Community Development and Urban Renewal
Which Housing Policy is Best?
Subsidies for Mortgage Interest
Rent Control and Rent Regulation
Summary
Applying the Concepts
References and Additional Reading
Local Government
The Role of Local Government
The Role of Local Government
Local Public Goods: Equilibrium versus Optimum
Natural Monopoly
Externalities
Federalism and Metropolitan Government
A Closer Look at the Median Voter Result
Summary
Applying the Concepts
References and Additional Reading
Local Government Revenue
Who Pays the Residential Property Tax?
From Models to Reality
The Tiebout Model and the Property Tax
Limits on Property Taxes
Intergovernmental Grants
Applications: Welfare and Education Grants
Summary
Applying the Concepts
References and Additional Reading
Tools of Microeconomics
Index

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