Introduction
Introduction
This book examines the economic dimensions of social interactions, with an eye towards enriching our metaphors for understanding and modeling the fabric of communities, their neighborhoods, and their consequences for studying larger regional and national economies. To this end, the book considers urban externalities that economists and other social scientists see as instances of social interactions, as well as the location decisions of individuals and firms. Focusing on the city, the book also explores urban structure, industrial specialization and diversification, and urban growth in the context of national economic growth. Finally, it discusses new economic geography, an approach that seeks to integrate urban and regional economics, both in a national and an international context.
Keywords: social interactions, urban externalities, location decisions, city, urban structure, industrial specialization, urban growth, economic growth, economic geography, economics
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