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Urbanization and growth
Bertinelli, Luisito; Black, Duncan
2004In Journal of Urban Economics, 56 (1), p. 80-96
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Abstract :
[en] In a simple urban economics framework, we aim at highlighting how the trade-off between optimal and equilibrium city size behaves when introducing dynamic human capital externalities beside the classical congestion externalities. Our purpose is to show that there are dynamic gains from oversized cities. To this end, we assume that productivity depends on human capital, which is solely accumulated in cities, such that urbanization is the engine of growth. In an empirical illustration, we highlight the link between urbanization and human capital accumulation, by focusing on cross-country panel data.<P>(This abstract was borrowed from another version of this item.)
Disciplines :
Special economic topics (health, labor, transportation...)
Author, co-author :
Bertinelli, Luisito ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Black, Duncan
External co-authors :
yes
Language :
English
Title :
Urbanization and growth
Publication date :
2004
Journal title :
Journal of Urban Economics
ISSN :
0094-1190
Publisher :
Academic Press, San Diego, United States - California
Volume :
56
Issue :
1
Pages :
80-96
Peer reviewed :
Peer reviewed
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since 27 June 2013

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