dc.contributor |
Xarxa de Referència en Economia Aplicada (XREAP) |
dc.contributor.author |
González Val, Rafael |
dc.contributor.author |
Olmo, Jose |
dc.date.accessioned |
2011-12-22T09:56:42Z |
dc.date.accessioned |
2021-01-20T16:47:01Z |
dc.date.available |
2011-12-22T09:56:42Z |
dc.date.available |
2021-01-20T16:47:01Z |
dc.date.created |
2011-12 |
dc.date.issued |
2011-12 |
dc.identifier.uri |
http://hdl.handle.net/2072/179210 |
dc.format.extent |
47 p. |
dc.language.iso |
eng |
dc.publisher |
Xarxa de Referència en Economia Aplicada (XREAP) |
dc.relation.ispartofseries |
XREAP;2011-21 |
dc.rights |
info:eu-repo/semantics/openAccess |
dc.rights |
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by/3.0/es/ |
dc.source |
RECERCAT (Dipòsit de la Recerca de Catalunya) |
dc.subject |
Economy |
dc.subject |
Economic development |
dc.subject |
Cities and towns |
dc.subject.other |
Economia |
dc.subject.other |
Desenvolupament econòmic |
dc.subject.other |
Ciutats |
dc.title |
Growth in a Cross-Section of Cities: Location, Increasing Returns or Random Growth? |
dc.type |
info:eu-repo/semantics/workingPaper |
dc.subject.udc |
33 - Economia |
dc.subject.udc |
332 - Economia regional i territorial. Economia del sòl i de la vivenda |
dc.embargo.terms |
cap |
dc.description.abstract |
This article analyzes empirically the main existing theories on income and population city growth: increasing returns to scale, locational fundamentals and random growth. To do this we implement a threshold nonlinearity test that extends standard linear growth regression models to a dataset on urban, climatological and macroeconomic variables on 1,175 U.S. cities. Our analysis reveals the existence of increasing returns when per-capita income levels are beyond $19; 264. Despite this, income growth is mostly explained by social and locational fundamentals. Population growth also exhibits two distinct equilibria determined by a threshold value of 116,300 inhabitants beyond which city population grows at a higher rate. Income and population growth do not go hand in hand, implying an optimal level of population beyond which income growth stagnates or deteriorates |