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Recent theories of economic growth, including Romer (1986), Porter (1989) and Jacobs (1969), have stressed the role of technological spillovers in generating growth. Because such knowledge spillovers are particularly effective in cities, where communication between people is more extensive, data...
Persistent link: https://www.econbiz.de/10012475213
This paper models and examines empirically the evolution of cities in an economy. Twentieth century evolution in the USA is characterized by parallel growth of cities of different types and on-going entry of new cities, together maintaining a stable relative size distribution of cities. Each...
Persistent link: https://www.econbiz.de/10012472810
Cities can be thought of as the absence of physical space between people and firms. As such, they exist to eliminate transportation costs for goods, people and ideas and transportation technologies dictate urban form. In the 21st century, the dominant form of city living is based on the...
Persistent link: https://www.econbiz.de/10012468965
simple urban model illustrates that in closed economies, agricultural prosperity leads to more urbanization but that in an … open economy, urbanization increases with agricultural desperation. The challenge of developing world mega-cities is that …
Persistent link: https://www.econbiz.de/10012458918
Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...
Persistent link: https://www.econbiz.de/10013388871
positive effects of urbanization depend on the skilled and unskilled working together, a form of integration that is more …
Persistent link: https://www.econbiz.de/10014544705
The 1990s were an unusually good decade for the largest American cities and, in particular, for the cities of the Midwest. However, fundamentally urban growth in the 1990s looked extremely similar to urban growth during the prior post-war decades. The growth of cities was determined by three...
Persistent link: https://www.econbiz.de/10012470363
The fast and often chaotic urbanization of the developing world generates both economic opportunity and challenges …
Persistent link: https://www.econbiz.de/10012480334
The downsides of density, including traffic congestion, contagious disease and crime, were common in Victorian London and classical Rome, just as they are today in Sao Paulo and Lagos. Our urban past provides lessons for developing world cities today. The first lesson, that I highlight, is that...
Persistent link: https://www.econbiz.de/10012533363
Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...
Persistent link: https://www.econbiz.de/10012460330