The Dynamics of City Formation.

This paper examines city formation in a country whose urban population is growing steadily over time, with new cities required to accommodate this growth. In contrast to most of the literature there is immobility of housing and urban infrastructure, and investment in these assets is taken on the bas...

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Bibliographic Details
Main Authors: Henderson, J, Venables, A
Format: Working paper
Language:English
Published: National Bureau of Economic Research, Inc. 2008