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The Effects of Urban Concentration on Economic Growth

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J. Vernon Henderson

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Abstract

The paper examines whether there is a significant relationship between economic growth and the degree of urban concentration, as measured by primacy, or the share of the largest metro area in national urban population. Is there reason to believe many countries have excessive primacy and how costly is excessive (or insufficient) primacy? Using GMM methods, the paper estimates growth effects, using a panel of 80-100 countries from 1960 to 1995. It also looks at the determinants of primacy and policy instruments that might be effective in reducing excessive primacy. The paper finds that there is a best degree of national urban primacy, which increases sharply up to a per capita income of about $5000 (PPP 1987 income), before declining modestly. The best degree of primacy declines with country scale. Error bands about estimated best degrees of primacy are generally tight. Growth losses from significantly non-optimal concentration are large and rise with income. Results are very robust. In a group of 72 countries in 1990, it appears that at least 24 have satisfactory primacy; at least 24 have significantly excessive primacy; and at least 5 countries have too little. What determines urban concentration? Econometric models show that urban concentration initially rises with income and then peaks around an income of $2400, before declining. Openness, or trade effects are modest. Similarly, the effects of a greater degree of political decentralization while significantly reducing urban concentration are quite modest. The key policy type variable affecting concentration is investment in inter-regional transport infrastructure. In particular, increases in the density of road networks significantly reduce primacy, with the effect rising with income. As a policy consideration, this takes heightened importance because growth losses from excessive primacy tend to rise with income. The effect on growth rates of investment in roads, through its effect on primacy, is highest in middle income countries.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 7503.

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Date of creation: Jan 2000
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Handle: RePEc:nbr:nberwo:7503

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Find related papers by JEL classification:
O1 - Economic Development, Technological Change, and Growth - - Economic Development
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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References listed on IDEAS
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  2. Henderson, J Vernon & Kuncoro, Ari, 1996. "Industrial Centralization in Indonesia," World Bank Economic Review, Oxford University Press, vol. 10(3), pages 513-40, September.
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  17. Vernon Henderson, 1999. "Marshall's Economies," NBER Working Papers 7358, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  18. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July. [Downloadable!] (restricted)
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Cited by:
(explanations, 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.)

  1. Henderson, J. Vernon & Shalizi, Zmarak & Venables, Anthony J., 2000. "Geography and development," Policy Research Working Paper Series 2456, The World Bank. [Downloadable!]
    Other versions:
  2. Catin, Maurice & Luo, Xubei & Van Huffel, Christophe, 2005. "Openness, industrialization, and geographic concentration of activities in China," Policy Research Working Paper Series 3706, The World Bank. [Downloadable!]
  3. Gabriele Tondl & Harald Badinger & Werner Müller, 2003. "Regional convergence in the European Union (1985-1999). A spatial dynamic panel analysis," ERSA conference papers ersa03p455, European Regional Science Association. [Downloadable!]
    Other versions:
  4. Maurice Catin & Christophe Van huffel, 2003. "Concentration urbaine et industrialisation," Mondes en développement, De Boeck Université, vol. 121(1), pages 87-107. [Downloadable!]
  5. Lall, Somik V. & Jun Koo & Chakravorty, Sanjoy, 2003. "Diversity matters - the economic geography of industry location in India," Policy Research Working Paper Series 3072, The World Bank. [Downloadable!]
  6. Maurice Catin & Christophe Van huffel, 2004. "Ouverture économique et inégalités régionales de développement en Chine : le rôle des institutions," Mondes en développement, De Boeck Université, vol. 128(4), pages 7-23. [Downloadable!]
  7. Christopher H. Wheeler, 2004. "Cities, skills, and inequality," Working Papers 2004-020, Federal Reserve Bank of St. Louis. [Downloadable!]
    Other versions:
  8. Danilo Camargo Igliori, 2006. "Deforestation, Growth And Agglomeration Effects: Evidence From Agriculture In The Brazilian Amazon," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 102, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
    Other versions:
  9. Deichmann, Uwe & Henderson, Vernon, 2000. "Urban and regional dynamics in Poland," Policy Research Working Paper Series 2457, The World Bank. [Downloadable!]
  10. Yusuf, Shahid, 2001. "Globalization and the challenge for developing countries," Policy Research Working Paper Series 2618, The World Bank. [Downloadable!]
    Other versions:
  11. Gries, Thomas & Naude, Wim, 2008. "Entrepreneurship and Regional Economic Growth: Towards A General Theory of Start-Ups," Working Papers RP2008/70, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  12. Evert Meijers & Krister Sandberg, 2006. "Polycentric Development to Combat Regional Disparities? the Relation Between Polycentricity and Regional Disparities in European Countries," ERSA conference papers ersa06p287, European Regional Science Association. [Downloadable!]
  13. Kitterer, Wolfgang, 2002. "Die Ausgestaltung der Mittelzuweisungen im Solidarpakt II," FiFo-CPE Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge 02-1, University of Cologne, CPE - Cologne Center for Public Economics. [Downloadable!]
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