Showing 1 - 10 of 5,670
Persistent link: https://www.econbiz.de/10005037410
This paper is about the city size and growth rate distributions as seen from the perspectives of Zipf's and Gibrat's law. We demonstrate that the Gibrat and Zipf views are theoretically incompatible in view of the Fisher-Tippett theorem, and show that the conflicting hypotheses about the size...
Persistent link: https://www.econbiz.de/10010839662
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/10010740309
This paper reconsiders the evolution of the growth of American cities since 1790 in the 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...
Persistent link: https://www.econbiz.de/10009021970
Previous work on the growth and location of communities has analyzed only one aspect of community growth at a time, either the location, growth, or birth of settlements. We use these three descriptive aspects of settlements to create a story that addresses when communities were created, where...
Persistent link: https://www.econbiz.de/10011069028
Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital?s share in factor income determines...
Persistent link: https://www.econbiz.de/10008520100
This paper proposes an economic growth model to provide some insights into issues related to sustainable economy with capital and resource dynamics. The model combines the main economic mechanisms in the Solow growth model, the Ricardian two-sector economic model, and the logistic model in...
Persistent link: https://www.econbiz.de/10010674190
neoclassical theory, in 1956 Robert Solow constructed a simple, clean, and smooth-functioning “design” model that served many …
Persistent link: https://www.econbiz.de/10010878263
We test implications of economic geography models for location, size and growth of cities with US Census data for 1900 û 1990. Our tests involve non-parametric estimations of stochastic kernels for the distributions of city sizes and growth rates, conditional on various measures of market...
Persistent link: https://www.econbiz.de/10010884544
We test implications of economic geography models for location, size and growth of cities with US Census data for 1900 û 1990. Our tests involve non-parametric estimations of stochastic kernels for the distributions of city sizes and growth rates, conditional on various measures of market...
Persistent link: https://www.econbiz.de/10005016957