Article ID Journal Published Year Pages File Type
970771 Journal of Urban Economics 2013 11 Pages PDF
Abstract

This paper proposes a new model generating city size distributions that asymptotically follow the log-normal distribution. The log-normal distribution is consistent with Zipf’s law in the top tail, which is known to hold for many countries in different periods. The key feature of our model is that it can express city size as a product of multiple random factors (e.g., climate, geographic features, and industry composition). Each factor alone need not generate Zipf’s law. Our model provides a justification for classical urban economics models that have been criticized for not delivering Zipf’s law, since a single model typically represents only one factor among many present in reality.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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