A Panel Data Investigation of the Relationship Between Urbanization and Growth
AbstractUrban economists have long sought to explain the relationship between urbanization levels and output. In this paper we revisit this question and look for a relationship between urbanization and growth using non- stationary panel data techniques. Our results show that a long run relationship between urbanization, output per worker and capital per worker cannot be rejected for either our sample of 30 developing countries or our sample of 22 developed countries. In addition, we estimate the long run average effects on GPDW of urbanization and capital. These results offer new insights and potential for dynamic urban models rather than the simple cross-section approach.
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Bibliographic InfoPaper provided by EconWPA in its series Urban/Regional with number 9805004.
Length: 24 pages
Date of creation: 02 Jul 1998
Date of revision:
Note: Type of Document - postscript; prepared on PC-TEX; to print on HP/PostScript; pages: 24 ; figures: none. none
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Panel Time Series; City Growth;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
This paper has been announced in the following NEP Reports:
- NEP-ALL-1998-10-02 (All new papers)
- NEP-ENV-1998-10-02 (Environmental Economics)
- NEP-ETS-1998-10-02 (Econometric Time Series)
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