Production in Urban Environments

Oded Hochman; Ori Zax

doi:10.1093/cesifo/ifad003

Production in Urban Environments

Oded Hochman, Ori Zax

Department of Economics

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

We analyze an urban economy with free entry of firms in which prices differ across locations. We show that in a competitive equilibrium, land rent is determined such that firms produce at constant returns to scale point—at minimum average costs.

Original language	English
Pages (from-to)	61-68
Number of pages	8
Journal	CESifo Economic Studies
Volume	69
Issue number	1
DOIs	https://doi.org/10.1093/cesifo/ifad003
State	Published - 1 Mar 2023

Keywords

agglomeration
constant returns to scale

ASJC Scopus subject areas

Geography, Planning and Development
Economics and Econometrics

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10.1093/cesifo/ifad003

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Production in Urban Environments

Abstract

Keywords

ASJC Scopus subject areas

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