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Determinants of Urbanization

dc.contributor.authorAnett Hofmann
dc.contributor.authorGuanghua Wan
dc.date.accessioned2015-02-06T15:56:24Z
dc.date.available2015-02-06T15:56:24Z
dc.date.issued2013-07-01
dc.identifier.issn1655-5252
dc.identifier.urihttp://hdl.handle.net/11540/2310
dc.description.abstractIn light of the United Nations' (UN) latest urbanization projections, particularly with respect to India and the People's Republic of China, a good understanding is needed of what drives aggregate urbanization trends. Yet, previous literature has largely neglected the issue in favor of studying urban concentration. Taking advantage of the latest UN World Urbanization Prospects, authors use an instrumental variables approach to identify and analyze key urbanization determinants. They estimate the impact of gross domestic product (GDP) growth on urbanization to be large and positive. In answer to Henderson's (2003) finding that urbanization does not seem to cause growth, they argue that the direction of causality runs from growth to urbanization. Authors also find positive and significant effects of industrialization and education on urbanization, consistent with the existence of localization economies and labor market pooling.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleDeterminants of Urbanization
dc.typeWorking Papers
dc.subject.expertPoverty
dc.subject.expertUrbanization
dc.subject.adbSocial Conditions
dc.subject.adbNewly Industrializing Countries
dc.subject.naturalEconomic growth
dc.subject.naturalUrbanization
dc.subject.naturalPoor
dc.subject.naturalPopulation
dc.title.seriesEconomics Working Paper
dc.title.volumeno 355
dc.contributor.imprintAsian Development Bank
oar.themePoverty
oar.themeUrban
oar.themeLabor Migration
oar.adminregionEast Asia Region
oar.adminregionSouth Asia Region
oar.countryPeople's Republic of China
oar.countryIndia
oar.identifierOAR-001541
oar.authorHofmann, Anett
oar.authorWan, Guanghua
oar.importtrue
oar.googlescholar.linkpresenttrue


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