What future for history dependence in spatial economics?

B-Tier
Journal: Regional Science and Urban Economics
Year: 2022
Volume: 94
Issue: C

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

History (sometimes) matters for the location and sizes of cities and neighborhood segregation patterns within cities. Together with evidence on rapid neighborhood change and self-fulfilling expectations, this implies that nature might not completely determine the spatial structure of the economy. Instead, the spatial economy might be characterized by multiple equilibria or multiple steady-state equilibrium paths, where history and expectations can play decisive roles. Better evidence on the conditions under which history matters can help improve theory and policy analysis.

Technical Details

RePEc Handle
repec:eee:regeco:v:94:y:2022:i:c:s0166046220303136
Journal Field
Urban
Author Count
2
Added to Database
2026-01-25