G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14215
DP14215 Urban growth and its aggregate implications
Diego Puga; Gilles Gilles Duranton
发表日期2019-12-19
出版年2019
语种英语
摘要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 microfoundations, matches key regularities at the city and economy-wide levels, and generates novel predictions for which we provide evidence. It can be quantified relying on few parameters, provides a basis to estimate the main ones, and remains transparent regarding its mechanisms. We examine various counterfactuals to assess quantitatively the effect of cities on economic growth and aggregate income.
主题International Trade and Regional Economics ; Macroeconomics and Growth
关键词Urban growth Agglomeration economies Urban costs Planning regulations City size distributions
URLhttps://cepr.org/publications/dp14215
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/543102
推荐引用方式
GB/T 7714
Diego Puga,Gilles Gilles Duranton. DP14215 Urban growth and its aggregate implications. 2019.
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