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One of the major subfields of urban economics, economies of agglomeration, explains, in broad terms, how urban agglomeration occurs in locations where cost savings can naturally arise. This term is most often discussed in terms of economic firm productivity. However, agglomeration effects also explain some social phenomena, such as large proportions of the population being clustered in cities and major urban centers. Similar to economies of scale, the costs and benefits of agglomerating increase the larger the agglomerated urban cluster becomes. Several prominent examples of where agglomeration has brought together firms of a specific industry are: Silicon Valley and Los Angeles being hubs of technology and entertainment, respectively, in California, United States; and London, United Kingdom, being a hub of finance.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Economies of agglomeration
Chapter 2: Economies of scale
Chapter 3: Economic geography
Chapter 4: Economies of scope
Chapter 5: Urban geography
Chapter 6: Urban economics
Chapter 7: Alfred Weber
Chapter 8: Returns to scale
Chapter 9: Kuznets curve
Chapter 10: New trade theory
Chapter 11: Regional economics
Chapter 12: Business cluster
Chapter 13: Spatial inequality
Chapter 14: Urbanization in China
Chapter 15: Innovation economics
Chapter 16: Knowledge spillover
Chapter 17: Cluster theory
Chapter 18: Metropolitan economy
Chapter 19: Secondary city
Chapter 20: Economic globalization
Chapter 21: Gianmarco Ottaviano
(II) Answering the public top questions about economies of agglomeration.
(III) Real world examples for the usage of economies of agglomeration in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Economies of Agglomeration.
