The Growth of Cities
Gilles Duranton*, ‡ and Diego Puga†, ‡, *Wharton School, University of Pennsylvania, 3620 Locust Walk, Philadelphia, PA, 19104, USA, †Centro de Estudios Monetarios y Financieros (CEMFI), Casado del Alisal 5, 28014 Madrid, Spain, ‡Centre for Economic Policy Research, London, duranton@wharton.upenn.edu, http://real-estate.wharton.upenn.edu/profile/21470/, diego.puga@cemfi.es, http://diegopuga.org
Abstract
Why do cities grow in population, surface area, and income per person? Which cities grow faster and why? To these questions, the urban growth literature has offered a variety of answers. Within an integrated framework, this chapter reviews key theories with implications for urban growth. It then relates ...
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