| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13769 |
| 来源ID | Working Paper 13769 |
| The Dynamics of City Formation | |
| J. Vernon Henderson; Anthony Venables | |
| 发表日期 | 2008-02-07 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | 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 basis of forward-looking behavior. In the presence of these fixed assets cities form sequentially, without the population swings in existing cities that arise in current models, but with swings in house rents. Equilibrium city size, absent government, may be larger or smaller than is efficient, depending on how urban externalities vary with population. Efficient formation of cities with internalization of externalities involves local government intervention and borrowing to finance development. The paper explores the institutions required for successful local government intervention. |
| 主题 | Development and Growth ; Development ; Regional and Urban Economics ; Regional Economics |
| URL | https://www.nber.org/papers/w13769 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571445 |
| 推荐引用方式 GB/T 7714 | J. Vernon Henderson,Anthony Venables. The Dynamics of City Formation. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13769.pdf（1076KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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