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Abstract:

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CentrePiece Article
Can cities be trapped in bad locations?
Guy Michaels and Ferdinand Rauch
February 2014
Paper No' CEPCP408:
Full Paper (pdf)

CentrePiece 18 (3) Winter 2014


JEL Classification: R11; N93; O18


Tags: economic geography; economic history; path dependence; transportation

After the fall of the Roman Empire, urban life in France became a shadow of its former self, but in Britain it completely disappeared. Guy Michaels and Ferdinand Rauch use these contrasting experiences as a natural experiment to explore the impact of history on economic geography – and what leads cities to get stuck in undesirable locations.

This article summarises ‘Resetting the Urban Network: 117-2012’ by Guy Michaels and Ferdinand Rauch, CEP Discussion Paper No. 1248, November 2013.