The Growth Rate of Cities: From Agricultural to Industrial Towns

Dialogues économiques
MAY 24, 2022
According to the World Bank, cities account for only 55% of Earth’s population, and generate more than 80% of the global GDP. They also often have a high economic growth. An Oxford study estimated Paris’ growth rate between 2019 and 2035 to be approximately 1.7%. But how can we explain this urban economic growth? The economists Christian Ghiglino, Kazuo Nishimura, and Alain Venditti aim to respond to this question by using a model that combines two major economic theories.

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https://www.dialogueseconomiques.fr/article/dagricoles-industrielles-la-croissance-des-villes

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