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Solitary City: Time, Space and Urban Policy
Author(s) -
Oshiro Jun
Publication year - 2017
Publication title -
the manchester school
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.361
H-Index - 42
eISSN - 1467-9957
pISSN - 1463-6786
DOI - 10.1111/manc.12170
Subject(s) - externality , normative , economics , interdependence , economies of agglomeration , productivity , microeconomics , urban economics , human capital , social capital , time allocation , social relation , space (punctuation) , economic geography , public economics , economic system , economic growth , sociology , social psychology , law , psychology , social science , management , linguistics , philosophy , political science
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.