The relevance of the study is due to the need to assess the effects of urbanization in the regions of Ukraine that are beneficial to both consumers and producers. The evolution of spatial econometric models of economic growth is analyzed. It is revealed that urbanization affects the growth of labor productivity in cities. The theoretical and practical significance of research on urbanization is great, especially for the development of territorial development programs and fiscal policy. The basis of the study is the analysis of the spatial effects of urbanization of labor productivity as the main source of long-term economic growth. The effects of urbanization for economic development depend on the development of the country, its density and structure, as well as on the functions of large cities.Keywords: Urbanization effect, the economic growth, economic systems, town planning project, city structure, city economy, the economy of the intellectual city, intelligence products, intellectual rent, economy of transport cities.
Economic growth with spatial effects – the Verdoorn’s law
