Solitary City: Time, Space and Urban Policy
We examine the positive and normative implications of externality‐generating activities in the setting of an urban economy wherein households equilibrate their time allocation between social networking and business networking. Since every interaction is time consuming, households face a trade‐off be...
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Published in | The Manchester school Vol. 85; no. 6; pp. 744 - 764 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Manchester
Blackwell Publishing Ltd
01.12.2017
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Subjects | |
Online Access | Get full text |
ISSN | 1463-6786 1467-9957 |
DOI | 10.1111/manc.12170 |
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Summary: | We examine the positive and normative implications of externality‐generating activities in the setting of an urban economy wherein households equilibrate their time allocation between social networking and business networking. Since every interaction is time consuming, households face a trade‐off between enjoying social interaction and participating in business networks. We develop a monocentric city model with a time allocation decision to investigate the influence of externality‐generating activities on the spatial structure of cities and assess the urban policies meant to facilitate social interaction. Two interdependent magnification forces are generated from social interactions and human capital spillovers. Households are subject to too much social isolation when a positive correlation exists between agglomeration and productivity. |
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Bibliography: | I would like to thank the editor, Eyal Winter and two anonymous referees for their insightful comments. I thank Koichi Futagami, Hideo Konishi, Tetsuo Ono, Yasuhiro Sato, Kazuhiro Yamamoto and participants at the 2013 Japanese Economic Association Meeting in Toyama University for their very useful comments and discussions. This work was supported by JSPS KAKENHI Grand Number 24‐1393, 15K17064. I acknowledge financial support from Okinawa University. ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 14 |
ISSN: | 1463-6786 1467-9957 |
DOI: | 10.1111/manc.12170 |