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Economic Benefits and Drawbacks of Cities and their Growth Implications AgEcon
Tisdell, Clement A..
Recent trends in the growth of cities particularly in developing countries (and especially in India and China) are identified. Beneficial and negative sharing mechanisms influencing the growth of cities are examined. Economic benefits of agglomeration arise not so much from the type of economic goods available in a city location (such as common property or local public goods) but from the enhanced operation of processes of economic exchange. Two theoretical implications of the growth of cities are considered, namely: (1) city growth results in growing inequality of income and wealth within the city and (2) a city will expand beyond its optimal size. Nevertheless, the growth of cities is linked with increased levels of per capita income nationally....
Tipo: Working or Discussion Paper Palavras-chave: Agglomeration economies; China; City-sizes; Common property; Economic growth; Globalization; Income distribution; India; Open-access resources; Quasi-public goods; Spillovers; Community/Rural/Urban Development.
Ano: 2009 URL: http://purl.umn.edu/90626
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Economic Benefits and Drawbacks of Cities and their Growth AgEcon
Tisdell, Clement A..
This article provides an overview of beneficial sharing mechanisms that stimulate the growth of cities and negative sharing mechanisms and spillovers which retard their growth. The economic benefits and drawbacks of a city location are considered for businesses, employees and consumers. It is suggested that the economic benefits of agglomeration arise not so much from the type of economic goods available in a city location (such as common property or local public goods) but from the enhanced operation of processes of economic exchange made possible by the growth of cities. Two theoretical implications of the growth of cities are considered: (1) the possibility that the growth of a city results in growing inequality of income and wealth within the city and...
Tipo: Working or Discussion Paper Palavras-chave: Agglomeration economies; China; City-sizes; Common property; Economic growth; Globalization; Income distribution; Open-access resources; Quasi-public goods; Spillovers.; Community/Rural/Urban Development.
Ano: 2008 URL: http://purl.umn.edu/90615
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Poverty, Political Failure and the Use of Open Access Resources in Developing Countries AgEcon
Tisdell, Clement A..
This paper begins by distinguishing open-access resources from common-property resources, the use of which is subject to communal rules. In practice, it is suggested that these cases are the outcomes of a spectrum of property rights. The standard economic theory of the use of open-access resources as developed by Western economists is outlined and ways in which it has limited applicability to developing countries are suggested. This theory does not, for example, consider the possibility that incomes in open-access situations may fall to subsistence levels, as appears to be common in developing countries. A model is presented in which the long-run equilibrium involves a subsistence level of income which may be at or near a poverty level. This seems...
Tipo: Working or Discussion Paper Palavras-chave: Poverty; Common-property resources; Open-access resources; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/55094
Registros recuperados: 3
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