Showing 1 - 10 of 20
In this paper we show that the recent model by Duranton (AER, 2007) performs remarkably well in replicating the city size distribution of West Germany, much better than the simple rank-size rule known as Zipf's law. The main mechanism of this theoretical framework is the churning of industries...
Persistent link: https://www.econbiz.de/10010268247
The salient rank-size rule known as Zipf's law is not only satisfied for Germany's national urban hierarchy, but also for the city size distributions in single German regions. To analyze this phenomenon, we build on the insights by Gabaix (1999) that Zipf's law follows from a stochastic growth...
Persistent link: https://www.econbiz.de/10010271237
There has been vast interest in the distribution of city sizes in an economy, but this research has largely neglected that cities also differ along another fundamental dimension: age. Using novel data on the foundation dates of more than 10,000 American cities, we find that older cities in the...
Persistent link: https://www.econbiz.de/10010327198
We analyze the first data set on consistently defined functional urban areas in Europe and compare the European to the US urban system. City sizes in Europe do not follow a power law: the largest cities are "too small" to follow Zipf's law.
Persistent link: https://www.econbiz.de/10010531731
We analyze the first data set on consistently defined functional urban areas in Europe and compare the European to the US urban system. City sizes in Europe do not follow a power law: the largest cities are ?too small? to follow Zipf?s law.
Persistent link: https://www.econbiz.de/10011400462
In this paper we show that the double Pareto lognormal (DPLN) parameterization provides an excellent fit to the overall US city size distribution, regardless of whether cities are administratively defined Census places or economically defined area clusters. We then consider an economic model...
Persistent link: https://www.econbiz.de/10010280815
In this paper we show that the double Pareto lognormal (DPLN) parameterization provides an excellent fit to the overall US city size distribution, regardless of whether cities are administratively defined Census places or economically defined area clusters. We then consider an economic model...
Persistent link: https://www.econbiz.de/10010282153
Older cities in the US tend to be larger than younger ones. The distribution of city sizes is, therefore, systematically related to the country's city age distribution. We introduce endogenous city creation into a dynamic economic model of an urban system. All cities exhibit the same long-run...
Persistent link: https://www.econbiz.de/10011126447
There has been vast interest in the distribution of city sizes in an economy, but this research has largely neglected that cities also differ along another fundamental dimension: age. Using novel data on the foundation dates of more than 10,000 American cities, we find that older cities in the...
Persistent link: https://www.econbiz.de/10010956752
The salient rank-size rule known as Zipf's law is not only satisfied for Germany's national urban hierarchy, but also for the city size distributions in single German regions. To analyze this phenomenon, we build on the insights by Gabaix (1999) that Zipf's law follows from a stochastic growth...
Persistent link: https://www.econbiz.de/10005762235