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Cities and Growth with Gilles Duranton and Diego Puga

Economics Detective Radio

CHAPTER

How to Model a Growing City

In our paper you want to get quantity of results and make sense of the numbers and the magnitude that you see in the real world then details become important so this is the aspect of the model where we've been going more back and forth between the modeling and the numbers. The speed of travel over a given distance at any point in time is going to be slower in places that are denser than those who live further away from the city center. Once you figure out how long you need to drive why once you Figure out how much time it takes then you need to figure out how costly you feel that is for you.

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