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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/10013225400
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/10013248531
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/10013065603
The fast and often chaotic urbanization of the developing world generates both economic opportunity and challenges …
Persistent link: https://www.econbiz.de/10012860843
Are the well-known facts about urbanization in the United States also true for the developing world? We compare …
Persistent link: https://www.econbiz.de/10012998418
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/10013230176
This paper examines city formation in a country whose urban population is growing steadily over time, with new cities required to accommodate this growth. In contrast to most of the literature there is immobility of housing and urban infrastructure, and investment in these assets is taken on the...
Persistent link: https://www.econbiz.de/10012759558
Should China build mega-cities or a network of linked middle-sized metropolises? Can Europe's mid-sized cities compete with global agglomeration by forging stronger inter-urban links? This paper examines these questions within a model of recombinant growth and endogenous local amenities. Three...
Persistent link: https://www.econbiz.de/10013002676
We develop an urban growth model where human capital spillovers foster entrepreneurship and learning in heterogenous cities. Incumbent residents limit city expansion through planning regulations so that commuting and housing costs do not outweigh productivity gains. The model builds on strong...
Persistent link: https://www.econbiz.de/10012857674
While human capital is a strong predictor of economic development today, its importance for the Industrial Revolution has typically been assessed as minor. To resolve this puzzling contrast, we differentiate average human capital (literacy) from upper-tail knowledge. As a proxy for the...
Persistent link: https://www.econbiz.de/10013052500