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This book focuses on the relationship between the state and economy in the development of cities. It reviews and reinterprets fundamental theoretical models that explain how the operation of markets in equilibrium shapes the scale and organization of the commercial city in a mixed market economy within a liberal state. These models link markets for the factors of production, markets for investment and fixed capital formation, markets for transportation, and markets for exports in equilibrium both within the urban economy and the rest of the world. In each case, the model explains the urban economy by revealing how assumptions about causes and structures lead to predictions about scale and organization outcomes. By simplifying and contrasting these models, this book proposes another interpretation: that governance and the urban economy are outcomes negotiated by political actors motivated by competing notions of commonwealth and the individual desire for wealth and power. The book grounds its analysis in economic history, explaining the rise of commercial cities and the emergence of the urban economy. It then turns to factors of production, export, and factor markets, introducing and parsing the Mills model, breaking it down into its component parts and creating a series of simpler models that can better explain the significance of each economic assumption. Simplified models are also presented for real estate and fixed capital investment markets, transportation, and land use planning. The book concludes with a discussion of linear programming and the Herbert- Stevens and the Ripper-Varaiya models. A fresh presentation of the theories behind urban economics, this book emphasizes the links between state and economy and challenges the reader to see its theories in a new light. As such, this book will be of interest to scholars, students, and practitioners of economics, public policy, public administration, urban policy, and city and urban planning. >
Of immeasurable value to lenders, agricultural economists, and a host of agribusinesses this unique volume brings together leading farmland authorities in the United States and Canada to examine the economic determinants of land value and the consequences of change in land values. As the most basic factor of production in the agricultural enterprise, farmland dominates the agricultural balance sheet, accounting for an average of 70% of all agricultural assets. The authors of this timely book provide expert analysis and review of this subject.
The period from the mid-1960s to the early 1980s signaled the end of the prosperity of the postwar years enjoyed by the cities of the prairie-those cities located immediately within or adjacent to the Mississippi River drainage system, or what is usually called the American Heartland. During this period, the bottom dropped out of local economies and all collapsed except those upheld by massive state institutions. With this collapse, optimism for new opportunities ended, signaling the close of the American frontier. The Closing of the Metropolitan Frontier looks at mid-sized cities Champaign-Urbana, Decatur, Joliet, Moline, Peoria, Rockford, Rock Island, and Springfield, Illinois; Davenport, Iowa; Duluth, Minnesota; and Pueblo, Colorado. Elazar examines how they adapted to change during the period immediately after World War II, through the Vietnam War, and the Nixon years. He considers the roles of federal and state governments as instruments of change including their efforts to impose new standards and ways of doing business. The Closing of the Metropolitan Frontier analyzes the struggle between federalism and managerialism in the local political arena. In his new introduction, Daniel J. Elazar discusses this volume's place as part of a forty-year study of the cities of the prairie as well as the changes and developments in that region over that forty-year span. This volume will be of great interest to economists, political scientists, and sociologists interested in the Great Society and the New Federalism and their aftermath.
Published in 1997. The aim of this book is to explore urban modelling traditions, identify key limitations and contributions and to develop a more general model within a discrete choice framework. The scope of the effort is on household choices regarding residential location, workplace and housing tenure. It is the first systematic effort to analyze the structure and sequence of the choices made by households regarding residential location and workplace. The implications for urban theory, model development and policy analysis are substantial.
Study conducted in Delhi Union territory, India.
Volume 4 "THE ECONOMY’ of the American Cities; series. This collection brings together more than 200 scholarly articles pertaining to the history and development of urban life in the United States during the past two centuries. The selections in Volume 4 of the series concern the development of the urban economy since the early nineteenth century. Three groups of articles, each arranged chronologically, deal with three basic sectors of the economy—trade and commerce (especially retailing), manufacturing and industrialization, and finance. Individual articles address subjects as diverse as merchants and shopping malls, flour milling and scientific management, and the Chicago Board of Trade and redlining.