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Trade and Institutions: Explaining Urban Giants

Abstract : By analyzing the population growth at the top of the urban hierarchy, we test two hypothesis explaining the rise of mega-cities: trade and political institutions. We nd that democratic institutions are the main factor behind the concentration of a nation's urban population in the main city. Contrary to the literature, we nd that extractive institutions reduce the size of the biggest city.
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Submitted on : Tuesday, December 17, 2019 - 3:18:15 PM
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Fabien Candau, Tchapo Gbandi. Trade and Institutions: Explaining Urban Giants. Journal of Institutional Economics, Cambridge University Press (CUP), 2019, 15 (6), pp.1017-1035. ⟨10.1017/S1744137419000328⟩. ⟨hal-02416125⟩

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