Masahisa Fujita’s research while affiliated with William Penn University and other places

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Publications (5)


Economics of Agglomeration: Cities, Industrial Location, and Globalization
  • Article

January 2011

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718 Reads

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1,148 Citations

Masahisa Fujita

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Economic activities are not concentrated on the head of a pin, nor are they spread evenly over a featureless plane. On the contrary, they are distributed very unequally across locations, regions, and countries. Even though economic activities are, to some extent, spatially concentrated because of natural features, economic mechanisms that rely on the trade-off between various forms of increasing returns and different types of mobility costs are more fundamental. This book is a study of the economic reasons for the existence of a large variety of agglomerations arising from the global to the local. This second edition combines a comprehensive analysis of the fundamentals of spatial economics and an in-depth discussion of the most recent theoretical developments in new economic geography and urban economics. It aims to highlight several of the major economic trends observed in modern societies.





Citations (4)


... Second, it is quite common in the empirical literature to proxy agglomeration forces using the so-called market potential or market access variable. Fujita and Thisse (2013) point out that the market potential effect is probably responsible for the agglomeration of economic activities at a large geographical scale but not at a local spatial level of analysis such as the ones conducted in these types of empirical works. Finally, testing the causal effects of agglomeration forces on tax-setting decisions across local jurisdictions clearly violates the labour immobility assumption upon which FC capital models are built. ...

Reference:

Taxable agglomeration rents across the Spanish local labour markets
Economics of Agglomeration: Cities, Industrial Location, and Globalization
  • Citing Article
  • January 2011

... Furthermore, in the process of revealing these properties of equilibrium in spatial competition, another fundamental question emerged: As Eaton's paper noted, when the market is linear and the number of firms is three, there exists no pure strategy equilibrium. The existence of pure strategy equilibrium is recovered in a three person location game where after firms' location decisions, consumers has opportunity to relocate (see M. Fujita and J.F. Thisse (1986)). The location game is the special case of games with discontinuous payoff, for which did P. Dasgupta and E. Maskin (1986) show the existence of mixed strategy equilibrium. ...

Spatial competition with a land market
  • Citing Article

... Firms may locate close to competition for both demand and supply side benefits, which has the potential to enhance firm survival. On the supply side, Marshallian type externalities (i.e., knowledge spillovers, labor market externalities, or sharing of intermediate inputs) allows firms to enjoy economies of scale and are often associated with industries that are more basic in nature (Fuijta andThisse 2002, Duranton andPuga 2004). On the demand side, firms can enjoy additional foot traffic by locating close to each other (e.g., comparison-shopping or market potential) (Wolinsky 1983, Chung and Kalnins 2001, Konishi 2005. ...

The Economics of Agglomeration CUP
  • Citing Article

... No ambiente corporativo, quando empresas, instituições de ensino, governo e comunidade se unem para criar um ambiente colaborativo e inovador, isso é chamado de interativo por natureza, referindo que tem como antecedentes conceitos como a aglomeração regional (Fujita, & Thisse, 2002), aglomerados regionais inovadores (Saxenian, 1994), aglomerados industriais (Feldman, Francis, & Bercovitz, 2005;Porter, 1990) e sistemas nacionais de inovação (Lundvall, 1992), que vêm moldando as políticas locais de desenvolvimento económico. ...

Economics of Agglomeration: Cities
  • Citing Article