Must-Read: Hoyt Bleakley and Jeffrey Lin: History and the Sizes of Cities
Must-Read: Hoyt Bleakley and Jeffrey Lin: History and the Sizes of Cities: “We contrast evidence of urban path dependence with efforts to analyze calibrated models of city sizes… …Recent evidence of persistent city sizes following the obsolescence of historical advantages suggests that path dependence cannot be understood as the medium-run effect of legacy capital but … Continue reading Must-Read: Hoyt Bleakley and Jeffrey Lin: History and the Sizes of Cities
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