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• W3124347321 startingPage "50" @default.
• W3124347321 abstract "Gibrat’s law, the orthogonality of growth with initial levels, has long been considered a stylized fact of local population growth. But throughout U.S. history, local population growth has significantly deviated from it. Across small locations, growth was strongly negatively correlated with initial population throughout the nineteenth and early twentieth centuries. This strong convergence gave way to moderate divergence beginning in the mid-twentieth century. Across intermediate and large locations, growth became moderately positively correlated with initial population starting in the late nineteenth century. This divergence eventually dissipated but never completely. A simple-one sector model combining the entry of new locations, a friction from population growth, and a decrease in the congestion arising from the supply of land closely matches these and a number of other evolving empirical relationships." @default.
• W3124347321 created "2021-02-01" @default.
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• W3124347321 date "2017-03-01" @default.
• W3124347321 modified "2023-09-24" @default.
• W3124347321 title "The settlement of the United States, 1800–2000: The long transition towards Gibrat’s law" @default.
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• W3124347321 doi "https://doi.org/10.1016/j.jue.2015.03.004" @default.
• W3124347321 hasPublicationYear "2017" @default.
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