Trade and Institutions: Explaining Urban Giants
Résumé
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.
Domaines
Economies et finances
Origine : Fichiers produits par l'(les) auteur(s)
Loading...