| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP9353
|
| DP9353 The Settlement of the United States, 1800 to 2000: The Long Transition towards Gibrat's Law |
| Klaus Desmet; Jordan Rappaport
|
| 发表日期 | 2013-02-17
|
| 出版年 | 2013
|
| 语种 | 英语
|
| 摘要 | Gibrat's law, the orthogonality of growth with initial levels, has long been considered a stylized fact of local population growth. But throughout U.S. history, local population growth has significantly deviated from it. Across small locations, growth was strongly negatively correlated with initial population throughout the nineteenth and early twentieth centuries. This strong convergence gave way to moderate divergence beginning in the mid-twentieth century. Across intermediate and large locations, growth became moderately positively correlated with initial population starting in the late nineteenth century. This divergence eventually dissipated but never completely. A simple-one sector model combining the entry of new locations, a friction from population growth, and a decrease in the congestion arising from the supply of land closely matches these and a number of other evolving empirical relationships. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Gibrat's law
Growth across space
Long-term development
Settlement of us
Spatial distribution of population
|
| URL | https://cepr.org/publications/dp9353
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538188
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推荐引用方式
GB/T 7714 |
Klaus Desmet,Jordan Rappaport. DP9353 The Settlement of the United States, 1800 to 2000: The Long Transition towards Gibrat's Law. 2013.
|
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