1st Edition

Revival: Metropolitan Income Growth and Convergence (2001)

By Roberto J. Cavazos Copyright 2001
    102 Pages
    by Routledge

    102 Pages
    by Routledge

    This title was first published in 2001. What determines urban growth? Much has been written on particular causes and incidents which can explain the rise of one metropolis and the fall of another, but these do not illustrate general tendencies. This volume asks whether theories used to explain economic growth of nations or regions can be employed to find characteristics which encourage the growth of cities. Cavazos tests two principal theoretical approaches in this way. The first, the endogenous growth theory, predicts that incomes will diverge and sees technological innovations as the engine of economic growth. The second, the neoclassical growth theory, predicts conditional convergence and rates capital accumulation as the key to economic growth. He uses the two models to study US metropolitan income growth between 1970 and 1990 and compares their performance to determine which provides more insightful explanations of metropolitan growth.

    List of Tables, Acknowledgements, 1. Introduction, 2. Theoretical Underpinnings, 3. Empirical Tests of the Convergence Hypothesis, 4. Research Hypothesis and Models Tested, 5. Variable Selection and Data Development, 6. Empirical Results, 7. Conclusions, Appendices, Bibliography, Index

    Biography

    Cavazos, Roberto J.