On the endogeneous formation of secondary employment centers in a city

Article Abstract:

A study was conducted to explore how secondary employment centers (SEC) emerge in a city where the primary location of employment is the central business district (CBD). The study also aimed to look at the phenomenon of 'edge city,' a city fringe location where employment is created. An elementary model of the development of a SEC by a major firm was designed to examine the effect of this firm on the labor market as well as the land market. This large firm considers putting up a new plant in a city where the existing businesses do not have a prime share of the urban labor market. Analysis proved that the location of a large firm in a small city can significantly influence the local labor and land markets. Location choice was found to be the result of the confluence of the competition process on both the labor and land markets and the technological externalities fostered by the nearness to the city center where other firms are found.

Employment, Cities and towns, City planning, Urban planning, Job creation

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Existence of a spatial equilibrium

Article Abstract:

Research examines the existence of a competitive spatial equilibrium. The equilibrium works despite the locational nonconvexity. The Arrow-Debreu technique was used. The equilibrium is thorough enough to produce a price system for locations while remaining simple enough to avoid problems associated with transportation costs, decision processes on local goods, and firm's activities.

Planning, Land use

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