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Many cities in developing economies, particularly in Africa, are experiencing urbanization without industrialization. This paper conceptualizes this in a framework in which a city can produce non-tradable goods and-if it is sufficiently competitive-also internationally tradable goods,...
Persistent link: https://www.econbiz.de/10012246461
This paper examines city formation in a country whose urban population is growing steadily over time, with new cities required to accommodate this growth. In contrast to most of the literature there is immobility of housing and urban infrastructure, and investment in these assets is taken on the...
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Many cities in developing economies, particularly in Africa, are experiencing urbanization without industrialization. This paper conceptualizes this in a framework in which a city can produce non-tradable goods and -- if it is sufficiently competitive -- also internationally tradable goods,...
Persistent link: https://www.econbiz.de/10012964807
The accumulation of decent housing matters both because of the difference it makes to living standards and because of its centrality to economic development. The consequences for living standards are far-reaching. In addition to directly conferring utility, decent housing improves health and...
Persistent link: https://www.econbiz.de/10012973218
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