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Technology and the Life Cycle of Cities / Elise Brezis, Paul Krugman.
- Format:
- Book
- Author/Creator:
- Brezis, Elise.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w4561.
- NBER working paper series no. w4561
- Language:
- English
- Subjects (All):
- Cities and towns--Effect of technological innovations on.
- Cities and towns.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1993.
- Cambridge, Massachusetts : National Bureau of Economic Research, 1993.
- Summary:
- During times of major technological change leading cities are often overtaken by upstart metropolitan areas. Such upheavals may be explained if the advantage of established urban centers rests on localized learning-by-doing. When a new technology for which this accumulated experience is irrelevant is introduced, older centers prefer to stay with a technology in which they are more efficient. New centers, however, turn to the new technology, and are competitive despite the raw state of that technology because of their lower land rents and wages. Over time, as the new technology matures, the established cities are overtaken.
- Notes:
- Print version record
- December 1993.
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