全球智库信息集成服务系统(G2TT): Urban Growth and its Aggregate Implications

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w26591
来源ID	Working Paper 26591
	Urban Growth and its Aggregate Implications
	Gilles Duranton; Diego Puga
发表日期	2019-12-30
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	Econometrics ; Estimation Methods ; Microeconomics ; Households and Firms ; Regional and Urban Economics ; Regional Economics
URL	https://www.nber.org/papers/w26591
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/584265
推荐引用方式 GB/T 7714	Gilles Duranton,Diego Puga. Urban Growth and its Aggregate Implications. 2019.