Economic activity is distributed unevenly across space. A range of forces are involved in the process by which agglomeration affects productivity. This presentation will discuss modern approaches to Marshallian agglomeration economies in labor, input, and knowledge markets. It will also consider the implications of agglomeration economies for real estate markets, including both housing markets and the construction of tall buildings.
About William Strange
SmartCentres Professor of Real Estate, Rotman School of Management and Department of Economics, University of Toronto.
William Strange is SmartCentres Professor of Real Estate, Rotman School of Management and Department of Economics, University of Toronto. He is a past-President and holder of other senior offices with the American Real Estate and Urban Economics Association. He is an editor of Journal of Urban Economics of volumes of the Handbook of Regional and Urban Economics.
Professor Strange's research concerns urban economics and real estate and he has published on agglomeration, "private government," and on issues pertinent to real estate investment. His research has been published in a range of leading journals including American Economic Review, Journal of Political Economy, Review of Economics and Statistics, Canadian Journal of Economics, Journal of Urban Economics, Journal of Real Estate Finance and Economics, Journal of Public Economics, Journal of Economic Dynamics and Control, Journal of Macroeconomics, and Real Estate Economics.
Note: Papers, presentation slides and any other material provided by the Guest Lecturer will be made available some time after the lecture at Publications > Media & Speeches > Guest Lectures by Visiting Academics.