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Determinants of Urbanization

Determinants of Urbanization

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In light of the United Nation’s latest urbanization projections, particularly with respect to the People’s Republic of China and India, a good understanding is needed of what drives aggregate urbanization trends. Taking advantage of the latest UN World Urbanization Prospects, this paper uses an instrumental variables approach to identify and analyze key urbanization determinants.
In light of the United Nation’s latest urbanization projections, particularly with respect to the People’s Republic of China and India, a good understanding is needed of what drives aggregate urbanization trends. Taking advantage of the latest UN World Urbanization Prospects, this paper uses an instrumental variables approach to identify and analyze key urbanization determinants.

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Published by: Asian Development Bank on Oct 29, 2013
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Determinants o Urbanization
Anett Homann and Guanghua WanNo. 355 | July 2013
 ADB Economics Working Paper Series
 
 
 ADB Economics Working Paper Series
Determinants of Urbanization
Anett Hofmann and Guanghua WanNo. 355 July 2013
 
Anett Hofmann is a PhD candidate at the Departmentof Economics and STICERD, London School of Economics, London. Guanghua Wan is PrincipalEconomist at the Economics and Research Department,Asian Development Bank. The authors would like to thank the ADB forinstitutional support. We are further indebted toNiny Khor (ADB), Mike Lindfeld (CDIA), Remi Jedwab(George Washington University), Claudia Steinwender(London School of Economics), as well as seminarparticipants at the Economics and ResearchDepartment at ADB for helpful comments andsuggestions.
 
 Asian Development Bank6 ADB Avenue, Mandaluyong City1550 Metro Manila, Philippineswww.adb.org© 2013 by Asian Development BankJuly 2013ISSN 1655-5252Publication Stock No. WPS135833The views expressed in this paper are those of the author and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for anyconsequence of their use.By making any designation of or reference to a particular territory or geographic area, or by using the term “country”in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.Note: In this publication, “$” refers to US dollars.
The ADB Economics Working Paper Series is a forum for stimulating discussion and elicitingfeedback on ongoing and recently completed research and policy studies undertaken by the Asian Development Bank (ADB) staff, consultants, or resource persons. The series deals withkey economic and development problems, particularly those facing the Asia and Pacific region;as well as conceptual, analytical, or methodological issues relating to project/programeconomic analysis, and statistical data and measurement. The series aims to enhance theknowledge on Asia’s development and policy challenges; strengthen analytical rigor and qualityof ADB’s country partnership strategies, and its subregional and country operations; andimprove the quality and availability of statistical data and development indicators for monitoringdevelopment effectiveness.The ADB Economics Working Paper Series is a quick-disseminating, informal publicationwhose titles could subsequently be revised for publication as articles in professional journals or chapters in books. The series is maintained by the Economics and Research Department.
Printed on recycled paper 

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