Kyriakopoulou, Efthymia; Xepapadeas, Anastasios - Nationalekonomiska institutionen, Handelshögskolan - 2014
We study the optimal and equilibrium distribution of industrial and residential land in a given region. The trade-off between the agglomeration and dispersion forces, in the form of pollution from stationary forces, production externalities, and commuting costs, determines the emergence of...