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論文資訊
- 類型：已發表論文
- 日期：2020-03-23
摘要
城市 agglomeration economies make cities central to theories of modern 經濟 growth. There is historical evidence for the presence of Smithian growth and agglomeration effects in English towns c.1450-1670, but seminal assessments deny the presence of agglomeration effects and productivity gains to Early Modern English towns. This study evaluates the presence of increasing returns to scale (IRS) in aggregate 城市 經濟 outputs-the empirical signature of feedbacks between Smithian growth and agglomeration effects-among the towns of 16th century England. To do so, we test a model from settlement 縮放律 theory against the 1524/5 Lay Subsidy returns. Analysis of these data indicates that Tudor towns exhibited IRS-a finding that is robust to alternative interpretations of the data. IRS holds even for the sma
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