In this challenging book, the authors demonstrate that economists tend to misunderstand capital. Frank Knight was an exception, as he argued that because all resources are more or less durable and have uncertain future uses they can consequently be classed as capital. Thus, capital rather than labor is the real source of creativity, innovation, and accumulation. But capital is also a phenomenon in time and in space. Offering a new and path-breaking theory, they show how durable capital with large spatial domains — infrastructural capital such as institutions, public knowledge, and networks — can help explain the long-term development of cities and nations.
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New Horizons in Institutional and Evolutionary Economics
Åke E. Andersson and David Emanuel Andersson
Paul C. Cheshire and Christian A.L. Hilber
This important research review brings together seminal works investigating the framework upon which the economic analysis of land markets is based, stretching from the earliest insights of the founding fathers to current debates and research. Recent work on the process and implications of 'land value capitalisation' and land use regulation is well represented, for due to capitalisation, land is responsible for far more of the distribution of real incomes than is widely recognised. This research review settles this, restoring the study of land markets to its rightful place – central to economic understanding.
Integrating People, Land Use and Transport
John Stanley, Janet Stanley and Roslynne Hansen
Urban planners in developed countries are pushing hard for closer integration of land use and transport. At the same time, gaps in knowledge and understanding are becoming more apparent, as the traditional focus has been on the shape of the city, rather than how it functions as a place to live and visit. How Great Cities Happen addresses this challenge by developing a wider, all-encompassing agenda for more productive, inclusive and sustainable cities.
Co-creating a European Capital of Culture
Nils Wåhlin, Maria Kapsali, Malin H. Näsholm and Tomas Blomquist
Over the past three decades, the European Capital of Culture has grown into one of the most ambitious cultural programs in the world. Through the promotion of cultural diversity across the continent, the program fosters mutual understanding and intercultural dialogue among citizens, thereby increasing their sense of belonging to a community. This insightful book outlines potential avenues through which culture and creativity can raise the imaginative capability of citizens and harness opportunities tied to what the book calls ‘culture-driven growth’.
- Elgar Research Reviews in Economics
This timely research review explores the emerging concept of the economics of creative industries. Professor Potts analyses key papers authored by leading scholars in the field which cover the evolution and development of this new area of study. Topics addressed in this review include economic theory foundations, creative economic agents, contracts and organizations, creative industries dynamics and innovation, creative cities and clusters and digital new media and intellectual property.
The Great Demographic, Spatial, Economic, and Social Transformation
Li Zhang, Richard LeGates and Min Zhao
China’s urbanization is one of the great earth-changing phenomena of recent times. The way in which China continues to urbanize will have a critical impact on the world economy, global climate change, international relations and a host of other critical issues. Understanding and responding to China’s urbanization is of paramount importance to everyone. This book represents a unique exploration of the demographic, spatial, economic and social aspects of China’s urban transformation.
Spatial Dynamics in the Urban Century
- New Horizons in Regional Science series
Edited by Karima Kourtit, Peter Nijkamp and Roger R. Stough
This book examines urban growth and the dynamics that are transforming the city and city regions in the 21st century focusing specifically on the spatial aspects of this process in the “Urban Century”. Forces that are driving city growth include agglomeration spillovers, concentration of innovation and entrepreneurship, diversity of information and knowledge resources, and better amenities and higher wages. These benefits produce a positive reinforcing system that attracts more people with new ideas and information, fuelling innovation, new products and services and more high-wage jobs, thereby attracting more people. Such growth also produces undesirable effects such as air and water pollution, poverty, congestion and crowding. These combined factors both impact and change the geography and spatial dynamics of the city. These transformations and the public policies that may be critical to the quality of life, both today and in the future, are the substance of this book.
Edited by Pengfei Ni, Peter Karl Kresl and Wei Liu
The Global Urban Competitiveness Report – 2013 is an empirical study and evaluation of the sustainable competitiveness of 500 cities around the world from regional, national and other perspectives. This one-of-a-kind resource draws on a wealth of data sources, all of which are described and assessed, and involve urban economics, geography, urban studies, regional economics and many other fields. Using a sophisticated methodology and a team of 100 researchers from the Chinese Academy of Social Sciences, the book not only ranks these cities but also presents a treasury of information with regard to the strengths and weaknesses of each city in relation to each other.
Edited by Peter Karl Kresl
Over the past two decades, sustainability has become a principal concern for city administrators. It is a more than just environmental entailing economic, demographic, governance, social, and amenity aspects. After a short introduction to some theory, this book provides broad coverage of these aspects and their manifestations in Asia, Africa, Europe and North America. The contributors discuss, in detail, topics surrounding measurement, growth strategy, citizen participation, revitalization, and competitiveness. Though each of the cities discussed – ranging from Shanghai, to Barcelona, to Montreal – are distinct, there are similarities that connect them all. The book highlights their common elements to provide a feasible outcome for sustainable urban development.
Henri L.F. de Groot, Gerard Marlet, Coen Teulings and Wouter Vermeulen
After a long period of suburbanisation, cities have been in vogue again since the 1980s. But why are people prepared to spend far more money on a small house in the city than on a large house in the countryside – and why doesn't this apply to all cities? This book shows that the appeal of the city in the 21st century is not only determined by the production side of the economy, but also by the consumption side: its array of shops, cultural activities and, for example, an historic city centre. All these factors not only translate into land prices that are worlds apart but, in terms of production, into different wages for urban and rural citizens. This book maps out these differences.