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Localization and Urbanization Economies are two types of external economies of scale, or agglomeration economies. External economies of scale result from an increase in the productivity of an entire industry, region, or economy due to factors outside of an individual company.
Many spatial economic topics can be analyzed within either an urban or regional economics framework as some economic phenomena primarily affect localized urban areas while others are felt over much larger regional areas (McCann 2001:3). Arthur O'Sullivan believes urban economics is divided into six related themes: market forces in the ...
Urbanization over the past 500 years [13] A global map illustrating the first onset and spread of urban centres around the world, based on. [14]From the development of the earliest cities in Indus valley civilization, Mesopotamia and Egypt until the 18th century, an equilibrium existed between the vast majority of the population who were engaged in subsistence agriculture in a rural context ...
Urbanomics can spill over beyond the city parameters. The process of globalization extends its territories into global city regions. Essentially, they are territorial platforms (metropolitan extensions from key cities, chain of cities linked within a state territory or across inter-state boundaries and arguably; networked cities and/or regions cutting across national boundaries) interconnected ...
Economic globalization may affect culture. Populations may mimic the international flow of capital and labor markets in the form of immigration and the merger of cultures. Foreign resources and economic measures may affect different native cultures and may cause assimilation of a native people. [71]
Economic agglomeration may also affect rural areas. The over-agglomeration in the city would affect agricultural production and cause unemployment problems. [25] For society: Economic agglomeration has also caused social problems. First, the increased population has led to high land prices.
It seems much more likely that the differences in municipal expenditures per capita are the result of political, rather than economic factors, especially the influence of special interests. The phrase "smart growth" implies that other growth and development theories are not "smart".
Davis and the UNESCO report both discuss that overurbanization is affected by the "push" factors away from rural areas being stronger than the "pull" factors. Pull factors towards urban areas include expansion of economic opportunity and the infrastructure of cities as administrative centers [2] [7] Shandra recognizes the relationship between ...