G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13170
DP13170 The Making of the Modern Metropolis: Evidence from London
Stephen Redding; Daniel Sturm; Stephan Heblich
发表日期2018-09-10
出版年2018
语种英语
摘要Modern metropolitan areas involve large concentrations of economic activity and the transport of millions of people each day between their residence and workplace. We use the revolution in transport technology from the invention of steam railways, newly-constructed spatially-disaggregated data for London from 1801-1921, and a quantitative urban model to provide evidence on the role of these commuting flows in supporting such concentrations of economic activity. Steam railways dramatically reduced travel times and permitted the first large-scale separation of workplace and residence. We show that our model is able to account for the observed changes in the organization of economic activity, both qualitatively and quantitatively. In counterfactuals, we find that removing the entire railway network reduces the population and the value of land and buildings in Greater London by 20 percent or more, and brings down commuting into the City of London from more than 370,000 to less than 60,000 workers.
主题International Trade and Regional Economics
关键词Agglomeration Urbanization Transportation
URLhttps://cepr.org/publications/dp13170
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/541973
推荐引用方式
GB/T 7714
Stephen Redding,Daniel Sturm,Stephan Heblich. DP13170 The Making of the Modern Metropolis: Evidence from London. 2018.
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