A computable general equilibrium model of urban land use is developed with land allocated
to houses, production, and roads. Traffic congestion and employment location are …

Congestion costs in urban areas are significant and clearly represent a negative externality.
Nonetheless, economists also recognize the production advantages of urban density in the …

We provide an integrated treatment of the theoretical literature on urban land use inspired by
the monocentric model, including extensions that deal with multiple endogenous business …

For centuries, cities have been modeled as having centered employment—scarce access to
which generates land rent. This paper first presents some new empirical evidence that in US …

This paper studies the social desirability of agglomeration, and the efficiency arguments for
policy intervention in a simple, analytically tractable new economic geography model. The …

This paper presents a general equilibrium model of a multi-city economy where cities are
linked by a transport network. In the economy, there are many industrial sectors and some of …

The world is replete with spatial frictions. Shipping goods across cities entails trade frictions.
Commuting within cities causes urban frictions. How important are these frictions in shaping …

In this paper we present a general new economic geography model with multiple industries
and regions, full labor and capital mobility, land use in production and consumption, and a …

This paper explores the interplay between commodities' transportation costs and workers'
commuting costs within a general equilibrium framework à la Dixit–Stiglitz. Workers are …

It was well documented that monocentric spatial models with congestion require driving tolls
to generate market efficiency. Because driving and location are equivalent, tolling …