Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/79996 
Year of Publication: 
2013
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2013: Wettbewerbspolitik und Regulierung in einer globalen Wirtschaftsordnung - Session: Urban Economics I No. B10-V3
Publisher: 
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft, Kiel und Hamburg
Abstract: 
There has been vast interest in the distribution of city sizes in an economy, but this research has largely neglected that cities also diff er along another fundamental dimension: age. Using novel data on the foundation dates of almost 8,000 American cities, we fi nd that older cities in the US tend to be larger than younger ones. To take this nexus between city age and city size into account, we introduce endogenous city creation into a dynamic economic model of an urban system. The city size distribution that emerges in our economy delivers an excellent and robust fit to diff erent types of US city size data, in fact much better than other parameterizations derived from diff erent urban growth models. This evidence can resolve several recent debates, and build a bridge between different views in the literature on city size distributions.
JEL: 
R11
R12
R10
Document Type: 
Conference Paper

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