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Exploring external urban relational processes: inter-city financial flows complementing global city-regions

Zhu, B., Pain, K., Taylor, P. J. and Derudder, B. (2021) Exploring external urban relational processes: inter-city financial flows complementing global city-regions. Regional Studies. ISSN 1360-0591 (In Press)

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To link to this item DOI: 10.1080/00343404.2021.1921136

Abstract/Summary

External urban relations are commonly described as one of two types: hierarchical local hinterlands (central place theory) and networked non-local hinterworlds (central flow theory), referred to as town-ness and city-ness, respectively. This paper builds on and develops these generic concepts to make them specifically relevant to today's corporate globalization. The central place process is represented by multi-nodal global city-regions, and the central flow process is represented by inter-city capital investment flows. We find that capital flows in global cities increase flows to proximate smaller cities within their regions. This empirical link between city-ness and town-ness has theoretical and policy implications.

Item Type:Article
Refereed:Yes
Divisions:Henley Business School > Real Estate and Planning
ID Code:97626
Publisher:Routledge

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