Showing 1 - 10 of 13
This paper analyses the determinants of growth of American cities, understood as growth of the population or of per capita income, from 1990 to 2000. This empirical analysis uses data from all cities with more than 25,000 inhabitants in the year 2000 (1154 cities). The results show that while a...
Persistent link: https://www.econbiz.de/10011548599
The Hodrick-Prescott (HP) method is a popular smoothing method for economic time series to get a smooth or long-term component of stationary series like growth rates. We show that the HP smoother can be viewed as a Bayesian linear model with a strong prior using differencing matrices for the...
Persistent link: https://www.econbiz.de/10009685473
Estimators of spatial autoregressive (SAR) models depend in a highly non-linear way on the spatial correlation parameter and least squares (LS) estimators cannot be computed in closed form. We first compare two simple LS estimators by distance and covariance properties and then we study the...
Persistent link: https://www.econbiz.de/10009686170
This paper reconsiders the evolution of the growth of American cities since 1790 in light of new theories of urban growth. Our null hypothesis for long-term growth is random growth. We obtain evidence supporting random growth against the alternative of mean reversion (convergence) in city sizes...
Persistent link: https://www.econbiz.de/10011581479
This paper studies the effect of the Spanish Reconquest, a military campaign that aimed to expel the Muslims from the Iberian Peninsula, on the population of its most important cities. The almost four centuries of Reconquest offer a "quasi-natural" experiment to study the persistence of...
Persistent link: https://www.econbiz.de/10011334549
This paper aims to study the effect of a major historical event on the Spanish city size distribution, the Spanish Reconquista. This was a long military campaign that aimed to expel Muslims from the Iberian Peninsula. The process started in the early 1200s and ended around 1500, when the entire...
Persistent link: https://www.econbiz.de/10011685117
We provide empirical evidence of the dynamics of city size distribution for the whole of the twentieth century in U.S. cities and metropolitan areas. We focus our analysis on the new cities that were created during the period of analysis. The main contribution of this paper, therefore, is the...
Persistent link: https://www.econbiz.de/10011685285
In this paper we discuss the relationship between economic growth and natural resources at a global level, taking into account geography. With this aim, our model integrates elements of the theories of endogenous growth, natural resources and new economic geography. We find that an increase in...
Persistent link: https://www.econbiz.de/10011873113
Growth rate data that are collected incompletely in cross-sections is a quite frequent problem. Chow and Lin (1971) have developed a method for predicting unobserved disaggregated time series and we propose an extension of the procedure for completing cross-sectional growth rates similar to the...
Persistent link: https://www.econbiz.de/10009744107
Growth rate data that are collected incompletely in cross-sections is a quite frequent problem. Chow and Lin (1971) have developed a method for predicting unobserved disaggregated time series and we propose an extension of the procedure for completing cross-sectional growth rates similar to the...
Persistent link: https://www.econbiz.de/10009731953