agglomeration

Definitions

Construction

  • The gathering together of small particles to form into larger particles, particularly to accelerate settlement in suspensions.

Economics

  • The phenomenon of economic activity congregating in or close to a single location, rather than being spread out uniformly over space.

Health Economics

  • (written as Agglomeration)
    The process by which economic activity becomes increasingly concentrated in a geographical area, like a city. Agglomeration tends to increase when there are beneficial externalities for businesses arising from adjacency to other businesses (as in shopping malls) or where skills can be shared, and to decrease when the externalities become negative (as through congestion or pollution, or criminal activity that itself is nurtured by beneficial - to criminals - externalities also arising from agglomeration).
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