Cities and Growth with Gilles Duranton and Diego Puga
Economics Detective Radio
00:00
We're Not Seeing Extreme Large Cities
It's not quite clear that having a New York city of 200 million could actually make much sense and would lead to urban cost as we have some in our model. We decided in terms of modeling strategy to actually cap the size of the very largest cities to 30 or 40 million. So that they don't gobble the entire well economy because indeed we know that all we expect as cities grow very large indeed.
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