Exploring external urban relational processes: inter-city financial flows complementing global city-regions
Zhu, B., Pain, K.
It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing. To link to this item DOI: 10.1080/00343404.2021.1921136 Abstract/SummaryExternal 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.
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