Friday, 26 October 2018

The making of the modern metropolis: Evidence from London

a column by Stephan Heblich, Stephen Redding and Daniel Sturm for VOX: CEPR’s Policy Portal

Over the last two centuries, transportation innovations have drastically changed urban landscapes.

This column explores how the mid-19th century transport revolution shaped the urban agglomeration of London. The results show Greater London’s population would have been 30% lower in 1921 without the railway network. The findings and the quantitative urban models employed highlight the role of modern transport technologies in sustaining dense concentrations of economic activity.

Continue reading


No comments: