The Settlement of the United States, 1800 to 2000: The Long Transition towards Gibrat's Law
This paper studies the long run development of U.S. counties and metro areas from 1800 to 2000. In earlier periods smaller counties converge whereas larger counties diverge. Over time, due to changes in the age composition of locations and net congestion, convergence dissipates and divergence weakens. Gibrat's law emerges gradually without fully attaining it. Our findings suggest that orthogonal growth is a consequence of reaching a steady state population distribution, rather than an explanation of that distribution. A simple one-sector model, with entry of new locations, a growth friction, and decreasing net congestion closely matches these and related dynamics.
|Date of creation:||Feb 2013|
|Date of revision:|
|Contact details of provider:|| Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ.|
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Taryn Dinkelman & Sam Schulhofer-Wohl, 2015.
"Migration, Congestion Externalities, and the Evaluation of Spatial Investments,"
NBER Working Papers
20842, National Bureau of Economic Research, Inc.
- Dinkelman, Taryn & Schulhofer-Wohl, Sam, 2015. "Migration, congestion externalities, and the evaluation of spatial investments," Journal of Development Economics, Elsevier, vol. 114(C), pages 189-202.
- Taryn Dinkelman & Sam Schulhofer-Wohl, 2012. "Migration, congestion externalities, and the evaluation of spatial investments," Working Papers 700, Federal Reserve Bank of Minneapolis.
- Dinkelman, Taryn & Schulhofer-Wohl, Sam, 2012. "Migration, Congestion Externalities, and the Evaluation of Spatial Investments," CEPR Discussion Papers 9126, C.E.P.R. Discussion Papers.
- Schulhofer-Wohl, Sam & Dinkelman, Taryn, 2015. "Migration, Congestion Externalities, and the Evaluation of Spatial Investments," Staff Report 506, Federal Reserve Bank of Minneapolis.
- Kris J. Mitchener & Ian W. McLean, 1998.
"U.S. Regional Growth and Convergence, 1880-1980,"
School of Economics Working Papers
1998-04, University of Adelaide, School of Economics.
- Guy Michaels & Ferdinand Rauch & Stephen Redding, 2008.
"Urbanisation and Structural Transformation,"
CEP Discussion Papers
dp0892, Centre for Economic Performance, LSE.
- Guy Michaels & Ferdinand Rauch & Stephen Redding, 2008. "Urbanisation and structural transformation," LSE Research Online Documents on Economics 25495, London School of Economics and Political Science, LSE Library.
- Michaels, Guy & Rauch, Ferdinand & Redding, Stephen J., 2008. "Urbanization and Structural Transformation," CEPR Discussion Papers 7016, C.E.P.R. Discussion Papers.
- Südekum, Jens & Giesen, Kristian, 2013.
"City Age and City Size,"
Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order
79996, Verein für Socialpolitik / German Economic Association.
- Xavier Gabaix, 1999. "Zipf's Law for Cities: An Explanation," The Quarterly Journal of Economics, Oxford University Press, vol. 114(3), pages 739-767.
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:9353. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.