History and the Sizes of Cities

S-Tier
Journal: American Economic Review
Year: 2015
Volume: 105
Issue: 5
Pages: 558-63

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

We contrast evidence of urban path dependence with efforts to analyze calibrated models of city sizes. Recent evidence of persistent city sizes following the obsolescence of historical advantages suggests that path dependence cannot be understood as the medium-run effect of legacy capital but instead as the long-run effect of equilibrium selection. In contrast, a different, recent literature uses stylized models in which fundamentals uniquely determine city size. We show that a commonly used model is inconsistent with evidence of long run persistence in city sizes and propose several modifications that might allow for multiplicity and thus historical path dependence.

Technical Details

RePEc Handle
repec:aea:aecrev:v:105:y:2015:i:5:p:558-63
Journal Field
General
Author Count
2
Added to Database
2026-01-24