Breaking into tradables: urban form and urban function in a developing city

Many cities in developing economies, particularly in Africa, are experiencing ‘urbanisation without industrialisation’. This paper conceptualises this in a framework in which a city can produce non-tradable goods and – if it is sufficiently competitive – also internationally tradable goods, potentia...

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Prif Awdur: Venables, A
Fformat: Journal article
Cyhoeddwyd: Elsevier 2017
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author Venables, A
author_facet Venables, A
author_sort Venables, A
collection OXFORD
description Many cities in developing economies, particularly in Africa, are experiencing ‘urbanisation without industrialisation’. This paper conceptualises this in a framework in which a city can produce non-tradable goods and – if it is sufficiently competitive – also internationally tradable goods, potentially subject to increasing returns to scale. A city is unlikely to produce tradables if it faces high urban and hinterland demand for non-tradables, or high costs of urban infrastructure and construction. The paper shows that, if there are increasing returns in tradable production, there may be multiple equilibria. The same initial conditions can support dichotomous outcomes, with cities either in a low-level (non-tradable only) equilibrium, or diversified in both tradable and non-tradable production. We demonstrate the importance of history and of expectations in determining outcomes. Essentially, a city can be built in a manner which makes it difficult to attract tradable production. This might be a consequence of low (and self-fulfilling expectations) or of history. Predictions of the model are consistent with a number of observed features of African cities.>
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spelling oxford-uuid:2adaf9a7-c38d-4b31-8d41-5c3422d4622d2022-03-26T12:27:26ZBreaking into tradables: urban form and urban function in a developing cityJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:2adaf9a7-c38d-4b31-8d41-5c3422d4622dSymplectic Elements at OxfordElsevier2017Venables, AMany cities in developing economies, particularly in Africa, are experiencing ‘urbanisation without industrialisation’. This paper conceptualises this in a framework in which a city can produce non-tradable goods and – if it is sufficiently competitive – also internationally tradable goods, potentially subject to increasing returns to scale. A city is unlikely to produce tradables if it faces high urban and hinterland demand for non-tradables, or high costs of urban infrastructure and construction. The paper shows that, if there are increasing returns in tradable production, there may be multiple equilibria. The same initial conditions can support dichotomous outcomes, with cities either in a low-level (non-tradable only) equilibrium, or diversified in both tradable and non-tradable production. We demonstrate the importance of history and of expectations in determining outcomes. Essentially, a city can be built in a manner which makes it difficult to attract tradable production. This might be a consequence of low (and self-fulfilling expectations) or of history. Predictions of the model are consistent with a number of observed features of African cities.>
spellingShingle Venables, A
Breaking into tradables: urban form and urban function in a developing city
title Breaking into tradables: urban form and urban function in a developing city
title_full Breaking into tradables: urban form and urban function in a developing city
title_fullStr Breaking into tradables: urban form and urban function in a developing city
title_full_unstemmed Breaking into tradables: urban form and urban function in a developing city
title_short Breaking into tradables: urban form and urban function in a developing city
title_sort breaking into tradables urban form and urban function in a developing city
work_keys_str_mv AT venablesa breakingintotradablesurbanformandurbanfunctioninadevelopingcity