Urbanization, Agglomeration, and Economic Development
This paper reviews the linkages between urbanization and economic development. It articulates the relationship between urban density and potential increases in productivity, through specialization, complementarities in production, through the diffu...
Main Author: | |
---|---|
Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/914731468177532792/Urbanization-agglomeration-and-economic-development http://hdl.handle.net/10986/28042 |
Summary: | This paper reviews the linkages between
urbanization and economic development. It articulates the
relationship between urban density and potential increases
in productivity, through specialization, complementarities
in production, through the diffusion of knowledge and
mimicry, and simply through size and scale. The factors
limiting the efficient sizes of cities are analyzed. The
paper reviews empirical knowledge, from underdeveloped
countries as well as high-income industrial societies, about
the importance and magnitudes of these productivity gains.
The analysis documents the close link between gains in
economic efficiency and the urbanization of populations in
most parts of the world. |
---|