Real Estate Papers

Document Type

Journal Article

Date of this Version

7-2006

Publication Source

Regional Science and Urban Economics

Volume

36

Issue

4

Start Page

542

Last Page

563

DOI

10.1016/j.regsciurbeco.2006.03.008

Abstract

This paper embeds the canonical model of endogenous growth with product proliferation developed by Romer [Romer, P.M., 1990. Endogenous technical change. Journal of Political Economy 98, S71–S102] into a simple urban framework. This yields a reduced form isomorphic to the popular statistical device developed by Simon [Simon, H., 1955. On a class of skew distribution functions. Biometrika 42, 425–440], which in turn can yield Zipf's law for cities. The stochastic outcomes of purposeful innovation and local spillovers can thus serve as foundations for random growth models.

Copyright/Permission Statement

© 2006. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.

Comments

The postprint version of this article, Some economics for Zipf’s law: Romer and Simon unified, was published in its final version as Some foundations for Zipf's law: Product proliferation and local spillovers.

Keywords

city size distribution, Zipf's law, endogenous growth, Simon's model

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Date Posted: 27 November 2017

This document has been peer reviewed.