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Article: Thick market externalities in a spatial model
| Title | Thick market externalities in a spatial model |
|---|---|
| Authors | |
| Keywords | Agglomeration Economies Density Search And Matching Thick Market Externalities |
| Issue Date | 2010 |
| Publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/regec |
| Citation | Regional Science And Urban Economics, 2010, v. 40 n. 2-3, p. 92-105 How to Cite? |
| Abstract | It is natural to think of thick market externalities as spatial phenomena. When agents are in close physical proximity, potential trading partners are more numerous and less costly to reach. Counteracting such agglomeration benefits is the dispersion force due to land being an essential input in production. The distribution of economic activities over space is an outcome of how decisions on location, land demand, and the search strategy of agents interact in spatial equilibrium. More desirable locations are those that allow their occupants more abundant and less costly access to potential trading partners. In spatial equilibrium, these are the densest locations, the occupants of which benefit from the strongest thick market externalities. © 2010 Elsevier B.V. |
| Persistent Identifier | http://hdl.handle.net/10722/177773 |
| ISSN | 2023 Impact Factor: 3.5 2023 SCImago Journal Rankings: 1.412 |
| ISI Accession Number ID | |
| References |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Tse, CY | en_US |
| dc.date.accessioned | 2012-12-19T09:39:52Z | - |
| dc.date.available | 2012-12-19T09:39:52Z | - |
| dc.date.issued | 2010 | en_US |
| dc.identifier.citation | Regional Science And Urban Economics, 2010, v. 40 n. 2-3, p. 92-105 | en_US |
| dc.identifier.issn | 0166-0462 | en_US |
| dc.identifier.uri | http://hdl.handle.net/10722/177773 | - |
| dc.description.abstract | It is natural to think of thick market externalities as spatial phenomena. When agents are in close physical proximity, potential trading partners are more numerous and less costly to reach. Counteracting such agglomeration benefits is the dispersion force due to land being an essential input in production. The distribution of economic activities over space is an outcome of how decisions on location, land demand, and the search strategy of agents interact in spatial equilibrium. More desirable locations are those that allow their occupants more abundant and less costly access to potential trading partners. In spatial equilibrium, these are the densest locations, the occupants of which benefit from the strongest thick market externalities. © 2010 Elsevier B.V. | en_US |
| dc.language | eng | en_US |
| dc.publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/regec | en_US |
| dc.relation.ispartof | Regional Science and Urban Economics | en_US |
| dc.subject | Agglomeration Economies | en_US |
| dc.subject | Density | en_US |
| dc.subject | Search And Matching | en_US |
| dc.subject | Thick Market Externalities | en_US |
| dc.title | Thick market externalities in a spatial model | en_US |
| dc.type | Article | en_US |
| dc.identifier.email | Tse, CY: cytse@hkucc.hku.hk | en_US |
| dc.identifier.authority | Tse, CY=rp01099 | en_US |
| dc.description.nature | link_to_subscribed_fulltext | en_US |
| dc.identifier.doi | 10.1016/j.regsciurbeco.2010.02.003 | en_US |
| dc.identifier.scopus | eid_2-s2.0-77951937234 | en_US |
| dc.identifier.hkuros | 178309 | - |
| dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-77951937234&selection=ref&src=s&origin=recordpage | en_US |
| dc.identifier.volume | 40 | en_US |
| dc.identifier.issue | 2-3 | en_US |
| dc.identifier.spage | 92 | en_US |
| dc.identifier.epage | 105 | en_US |
| dc.identifier.isi | WOS:000277667500002 | - |
| dc.publisher.place | Netherlands | en_US |
| dc.identifier.scopusauthorid | Tse, CY=7103295092 | en_US |
| dc.identifier.citeulike | 6835840 | - |
| dc.identifier.issnl | 0166-0462 | - |
