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

Zhu, B., Pain, K. ORCID: https://orcid.org/0000-0003-1451-9252, Taylor, P. J. and Derudder, B. (2022) Exploring external urban relational processes: inter-city financial flows complementing global city-regions. Regional Studies, 56 (5). pp. 737-750. ISSN 1360-0591 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
URI	https://reading-clone.eprints-hosting.org/id/eprint/97626
Item Type	Article
Refereed	Yes
Divisions	Henley Business School > Real Estate and Planning
Publisher	Taylor & Francis
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