This paper considers the empirical literature on the nature and sources of urban increasing returns, also known as agglomeration economies. An important aspect of these externalities that has not been previously emphasized is that the effects of agglomeration extend over at least three different...

This chapter examines the hedonic analysis of housing markets. These techniques have been widely applied in studies of the demand for housing attributes and environmental amenities. The chapter discusses the theoretical foundation of hedonic analysis, the use of hedonic estimates of demand for...