المستودع الأكاديمي جامعة المدينة

Looking for multiple equilibria when geography matters : German city growth and the WWII shock

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dc.creator Bosker, E. Maarten
dc.creator Brakman, Steven
dc.creator Garretsen, Harry
dc.creator Schramm, Marc
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:24Z
dc.date.available 2013-10-16T07:02:24Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19017
dc.identifier ppn:503670200
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19017
dc.description Many modern trade and growth models are characterized by multiple equilibria. In theory the analysis of multiple equilibria is possible, but in practice it is difficult to test for the presence of multiple equilibria. Based on the methodology developed by Davis and Weinstein (2004) for the case of Japanese cities and WWII, we look for multiple equilibria in a model of German city growth. The strategic bombing of Germany during WWII enables us to assess the empirical relevance of multiple equilibria in a model of city-growth. In doing so, and in addition to the Davis and Weinstein framework, we look at the spatial inter-dependencies between cities. The main findings are twofold. First, multiple equilibria seem to be present in German city growth. Our evidence supports a model with 2 stable equilibria. Second, the explicit inclusion of geography matters. Evidence for multiple equilibria is weaker when spatial interdependencies are not taken into account.
dc.language eng
dc.relation CESifo working papers 1553
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject R12
dc.subject R11
dc.subject F12
dc.subject ddc:330
dc.subject Stadtwachstum
dc.subject Räumliche Interaktion
dc.subject Räumliche Gleichgewichtstheorie
dc.subject Gleichgewicht
dc.subject Schätzung
dc.subject Deutschland <bis 1945>
dc.title Looking for multiple equilibria when geography matters : German city growth and the WWII shock
dc.type doc-type:workingPaper
dc.coverage 1939-1946


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