Urban Growth and Its Aggregate Implications

We develop an urban growth model where human capital spillovers foster entrepreneurship and learning in heterogeneous cities. Incumbent residents limit city expansion through planning regulations so that commuting and housing costs do not outweigh productivity gains from agglomeration. The model bui...

Full description

Saved in:
Bibliographic Details
Published in:Econometrica 2023-11, Vol.91 (6), p.2219-2259
Main Authors: Duranton, Gilles, Puga, Diego
Format: Article
Language:English
Subjects:
agglomeration economies
Cities
city‐size distributions
Commuting
Economic growth
Economic theory
Entrepreneurship
Housing costs
Human capital
planning regulations
Productivity
Regulation
Spillover effect
urban costs
Urban growth
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
cited_by cdi_FETCH-LOGICAL-c4245-a7c585b25fc13c824f7bd74ad4a456d9999e122cec156f9a48f2e5bbf4da73f13
cites cdi_FETCH-LOGICAL-c4245-a7c585b25fc13c824f7bd74ad4a456d9999e122cec156f9a48f2e5bbf4da73f13
container_end_page 2259
container_issue 6
container_start_page 2219
container_title Econometrica
container_volume 91
creator Duranton, Gilles
Puga, Diego
description We develop an urban growth model where human capital spillovers foster entrepreneurship and learning in heterogeneous cities. Incumbent residents limit city expansion through planning regulations so that commuting and housing costs do not outweigh productivity gains from agglomeration. The model builds on strong microfoundations, matches key regularities at the city and economy‐wide levels, and generates novel predictions for which we provide evidence. It can be quantified by relying on few parameters and gives us a basis to estimate them. We examine counterfactuals relaxing planning regulations or constraining city growth to assess the effect of cities on economic growth and aggregate output.
doi_str_mv 10.3982/ECTA17936
format article
fullrecord <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_2899302956</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2899302956</sourcerecordid><originalsourceid>FETCH-LOGICAL-c4245-a7c585b25fc13c824f7bd74ad4a456d9999e122cec156f9a48f2e5bbf4da73f13</originalsourceid><addsrcrecordid>eNp10E1LxDAQBuAgCtbVg_-g4Emkmkw-mhyXsq6FBS-755KmSe3SbWvSZdl_b7XizWFg5vAwAy9C9wQ_UyXhZZVtlyRVVFygiDAhEwwCLlGEMYFECQnX6CaEPcaYTx2hp50vdRevfX8aP2LdVXE-hnhZ197WerRxfhjaxuix6btwi66cboO9-50LtHtdbbO3ZPO-zrPlJjEMGE90arjkJXBnCDUSmEvLKmW6YppxUampLAEw1hAunNJMOrC8LB2rdEodoQv0MN8dfP95tGEs9v3Rd9PLAqRSFIPiYlKPszK-D8FbVwy-OWh_LgguvrMo_rKYLJntqWnt-X_4swHGAnP6BdBSXhc</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2899302956</pqid></control><display><type>article</type><title>Urban Growth and Its Aggregate Implications</title><source>EconLit s plnými texty</source><source>International Bibliography of the Social Sciences (IBSS)</source><source>Wiley-Blackwell Read &amp; Publish Collection</source><creator>Duranton, Gilles ; Puga, Diego</creator><creatorcontrib>Duranton, Gilles ; Puga, Diego</creatorcontrib><description>We develop an urban growth model where human capital spillovers foster entrepreneurship and learning in heterogeneous cities. Incumbent residents limit city expansion through planning regulations so that commuting and housing costs do not outweigh productivity gains from agglomeration. The model builds on strong microfoundations, matches key regularities at the city and economy‐wide levels, and generates novel predictions for which we provide evidence. It can be quantified by relying on few parameters and gives us a basis to estimate them. We examine counterfactuals relaxing planning regulations or constraining city growth to assess the effect of cities on economic growth and aggregate output.</description><identifier>ISSN: 0012-9682</identifier><identifier>EISSN: 1468-0262</identifier><identifier>DOI: 10.3982/ECTA17936</identifier><language>eng</language><publisher>Evanston: Blackwell Publishing Ltd</publisher><subject>agglomeration economies ; Cities ; city‐size distributions ; Commuting ; Economic growth ; Economic theory ; Entrepreneurship ; Housing costs ; Human capital ; planning regulations ; Productivity ; Regulation ; Spillover effect ; urban costs ; Urban growth</subject><ispartof>Econometrica, 2023-11, Vol.91 (6), p.2219-2259</ispartof><rights>2023 The Authors. Econometrica published by John Wiley &amp; Sons Ltd on behalf of The Econometric Society</rights><rights>2023. This article is published under https://creativecommons.org/licenses/by-nc-nd/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c4245-a7c585b25fc13c824f7bd74ad4a456d9999e122cec156f9a48f2e5bbf4da73f13</citedby><cites>FETCH-LOGICAL-c4245-a7c585b25fc13c824f7bd74ad4a456d9999e122cec156f9a48f2e5bbf4da73f13</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,27900,27901,33199</link.rule.ids></links><search><creatorcontrib>Duranton, Gilles</creatorcontrib><creatorcontrib>Puga, Diego</creatorcontrib><title>Urban Growth and Its Aggregate Implications</title><title>Econometrica</title><description>We develop an urban growth model where human capital spillovers foster entrepreneurship and learning in heterogeneous cities. Incumbent residents limit city expansion through planning regulations so that commuting and housing costs do not outweigh productivity gains from agglomeration. The model builds on strong microfoundations, matches key regularities at the city and economy‐wide levels, and generates novel predictions for which we provide evidence. It can be quantified by relying on few parameters and gives us a basis to estimate them. We examine counterfactuals relaxing planning regulations or constraining city growth to assess the effect of cities on economic growth and aggregate output.</description><subject>agglomeration economies</subject><subject>Cities</subject><subject>city‐size distributions</subject><subject>Commuting</subject><subject>Economic growth</subject><subject>Economic theory</subject><subject>Entrepreneurship</subject><subject>Housing costs</subject><subject>Human capital</subject><subject>planning regulations</subject><subject>Productivity</subject><subject>Regulation</subject><subject>Spillover effect</subject><subject>urban costs</subject><subject>Urban growth</subject><issn>0012-9682</issn><issn>1468-0262</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2023</creationdate><recordtype>article</recordtype><sourceid>24P</sourceid><sourceid>8BJ</sourceid><recordid>eNp10E1LxDAQBuAgCtbVg_-g4Emkmkw-mhyXsq6FBS-755KmSe3SbWvSZdl_b7XizWFg5vAwAy9C9wQ_UyXhZZVtlyRVVFygiDAhEwwCLlGEMYFECQnX6CaEPcaYTx2hp50vdRevfX8aP2LdVXE-hnhZ197WerRxfhjaxuix6btwi66cboO9-50LtHtdbbO3ZPO-zrPlJjEMGE90arjkJXBnCDUSmEvLKmW6YppxUampLAEw1hAunNJMOrC8LB2rdEodoQv0MN8dfP95tGEs9v3Rd9PLAqRSFIPiYlKPszK-D8FbVwy-OWh_LgguvrMo_rKYLJntqWnt-X_4swHGAnP6BdBSXhc</recordid><startdate>202311</startdate><enddate>202311</enddate><creator>Duranton, Gilles</creator><creator>Puga, Diego</creator><general>Blackwell Publishing Ltd</general><scope>24P</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>202311</creationdate><title>Urban Growth and Its Aggregate Implications</title><author>Duranton, Gilles ; Puga, Diego</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c4245-a7c585b25fc13c824f7bd74ad4a456d9999e122cec156f9a48f2e5bbf4da73f13</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2023</creationdate><topic>agglomeration economies</topic><topic>Cities</topic><topic>city‐size distributions</topic><topic>Commuting</topic><topic>Economic growth</topic><topic>Economic theory</topic><topic>Entrepreneurship</topic><topic>Housing costs</topic><topic>Human capital</topic><topic>planning regulations</topic><topic>Productivity</topic><topic>Regulation</topic><topic>Spillover effect</topic><topic>urban costs</topic><topic>Urban growth</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Duranton, Gilles</creatorcontrib><creatorcontrib>Puga, Diego</creatorcontrib><collection>Open Access: Wiley-Blackwell Open Access Journals</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Econometrica</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Duranton, Gilles</au><au>Puga, Diego</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Urban Growth and Its Aggregate Implications</atitle><jtitle>Econometrica</jtitle><date>2023-11</date><risdate>2023</risdate><volume>91</volume><issue>6</issue><spage>2219</spage><epage>2259</epage><pages>2219-2259</pages><issn>0012-9682</issn><eissn>1468-0262</eissn><abstract>We develop an urban growth model where human capital spillovers foster entrepreneurship and learning in heterogeneous cities. Incumbent residents limit city expansion through planning regulations so that commuting and housing costs do not outweigh productivity gains from agglomeration. The model builds on strong microfoundations, matches key regularities at the city and economy‐wide levels, and generates novel predictions for which we provide evidence. It can be quantified by relying on few parameters and gives us a basis to estimate them. We examine counterfactuals relaxing planning regulations or constraining city growth to assess the effect of cities on economic growth and aggregate output.</abstract><cop>Evanston</cop><pub>Blackwell Publishing Ltd</pub><doi>10.3982/ECTA17936</doi><tpages>41</tpages><oa>free_for_read</oa></addata></record>
fulltext fulltext
identifier ISSN: 0012-9682
ispartof Econometrica, 2023-11, Vol.91 (6), p.2219-2259
issn 0012-9682
1468-0262
language eng
recordid cdi_proquest_journals_2899302956
source EconLit s plnými texty; International Bibliography of the Social Sciences (IBSS); Wiley-Blackwell Read & Publish Collection
subjects agglomeration economies
Cities
city‐size distributions
Commuting
Economic growth
Economic theory
Entrepreneurship
Housing costs
Human capital
planning regulations
Productivity
Regulation
Spillover effect
urban costs
Urban growth
title Urban Growth and Its Aggregate Implications
url http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-24T04%3A04%3A18IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Urban%20Growth%20and%20Its%20Aggregate%20Implications&rft.jtitle=Econometrica&rft.au=Duranton,%20Gilles&rft.date=2023-11&rft.volume=91&rft.issue=6&rft.spage=2219&rft.epage=2259&rft.pages=2219-2259&rft.issn=0012-9682&rft.eissn=1468-0262&rft_id=info:doi/10.3982/ECTA17936&rft_dat=%3Cproquest_cross%3E2899302956%3C/proquest_cross%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c4245-a7c585b25fc13c824f7bd74ad4a456d9999e122cec156f9a48f2e5bbf4da73f13%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=2899302956&rft_id=info:pmid/&rfr_iscdi=true