Metropolitan income growth and convergence

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Type
Hardcover
Subject Area
Business & Economics, Social Science
Educational Level
Adult & Further Education
Inscribed
No
Subject
Economics / General, Public Policy / General
ISBN
9780754613480
Category

About this product

Product Identifiers

Publisher
Ashgate Publishing, The Limited
ISBN-10
0754613488
ISBN-13
9780754613480
eBay Product ID (ePID)
1945015

Product Key Features

Book Title
Metropolitan Income Growth and Convergence
Number of Pages
102 Pages
Language
English
Publication Year
2001
Topic
Urban & Regional, Public Policy / City Planning & Urban Development, Economics / General, Economics / Theory
Illustrator
Yes
Genre
Political Science, Business & Economics
Author
Roberto J. Cavazos
Book Series
The Bruton Center for Development Studies
Format
Hardcover

Dimensions

Item Height
0.6 in
Item Weight
9.6 Oz
Item Length
8.7 in
Item Width
6.1 in

Additional Product Features

LCCN
2001-090179
Dewey Edition
21
Dewey Decimal
338.9/0091732
Table Of Content
Contents: Introduction; Theoretical underpinnings; Empirical tests of the convergence hypothesis; Research hypothesis and models tested; Variable selection and data development; Empirical results; Conclusions; Appendices; Bibliography; Index.
Synopsis
What determines urban growth? Much has been written on particular causes and incidents which can explain the rise of one metropolis and the fall of another, but these do not illustrate general tendencies. This volume asks whether theories used to explain economic growth of nations or regions can be employed to find characteristics which encourage the growth of cities., The neoclassical and endogenous growth theories are employed in this volume to examine the processes of economic growth among U.S. metropolitan areas from 1970 to 1990. The results indicate that neither of these two principal theoretical perspectives fully explains the process of growth examined and suggest multiple policy implications, particularly concerning the role of the government., What determines urban growth? Much has been written on particular causes and incidents which can explain the rise of one metropolis and the fall of another, but these do not illustrate general tendencies. This volume asks whether theories used to explain economic growth of nations or regions can be employed to find characteristics which encourage the growth of cities.Cavazos tests two principal theoretical approaches in this way. The first, the endogenous growth theory, predicts that incomes will diverge and sees technological innovations as the engine of economic growth. The second, the neoclassical growth theory, predicts conditional convergence and rates capital accumulation as the key to economic growth. He uses the two models to study US metropolitan income growth between 1970 and 1990 and compares their performance to determine which provides more insightful explanations of metropolitan growth.The results of these tests indicate that neither theoretical perspective fully explains the process of urban growth, but they do yield multiple policy implications, particularly the role that the government can play in affecting the process of growth. Cavazos also suggests how a new theoretical model could be developed taking the strengths from both existing theories and adapting them specifically for the analysis of metropolitan areas.
LC Classification Number
HT321.C376 2001

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