Spatial economics : density, potential, and flow

Bibliographic Information

Spatial economics : density, potential, and flow

Martin Beckmann, Tönu Puu

(Studies in regional science and urban economics, v. 14)

North-Holland, 1985

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Note

Bibliography: p. [258]-266

Includes indexes

Description and Table of Contents

Description

The purpose of this monograph is to reintroduce the two-dimensional continuum as the natural spatial setting of economic activities and to exploit the idea for all its worth. Interaction between agents is viewed as flows of commodities or persons. Flows are generated by production and consumption activities representing sources and sinks of a flow field. The direction of flow is oriented by cost minimization and/or profit or utility maximization. Neoclassical economics is thus wedded to the hydrodynamics of flow fields. This approach may be viewed as a generalization of von Thunen's investigations. In fact, the specialization of land use, perhaps the most startling result of von Thunen's analysis, is also valid when demand is dispersed, i.e. for general spatially extended competitive markets. Main features: 1. The setting of the space economy is continuous 2-dimensional space. This makes it possible to appeal to geometric and geographical intuition, unlike the case of abstract indexing of locations in discrete models. 2. Structural stability analysis is used to characterize the qualitative features of the spatial organization of trade and production. 3.

Table of Contents

Introduction. The von Thunen and Weber School of Location Theory. The Metric of Economic Space. The Background to this Study. The Plan of this Book. The Continuous Transportation Model. Economic Theory. Mathematical Aspects. Extensions: Boundary Conditions. Extensions: Metrics. Further Extensions. Short-Run Equilibrium and Stability. Partial Equilibrium of Spatial Markets. Land Use: Partial Equilibrium. A General Equilibrium Model. Dynamics. Long-Run Equilibrium of Trade and Production. Introduction. Production. Consumption. Trade and Equilibrium. How the Model Works. The Spatial Structure. Contradictions with Classical Location Theory. Structural Change. Planning Models. A Long-Run Model with Costless Relocation of Resources. Relocation Costs for Capital and Labor. Digression on the Weber and von Thunen Principles of Location and Land Use. Some Long-Run Location Theory. Classical Problems. Some Recent Developments. An Interaction Model. Introduction. Optimal Flows. Traffic. Communication Cost. Land Use and Equilibrium Settlement. Spatial Business-Cycle and Growth Models. Introduction. The Basic Model. Examples. The Regional Growth Model. A More General Case. Conclusion and Perspectives. Conclusion. Appendix. Bibliography. A. Location Classics. B. Current Literature on Spatial Economics and Theoretical Geography. C. Related Publications by the Authors. D. Mathematical Reference Works. Name Index. Subject Index.

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