Temporary Shocks and Persistent Effects in Urban Economies: Evidence from British Cities after the US Civil War

• 成果类型: Article
• 署名作者: Hanlon, W. Walker
• 署名单位: University of California System; University of California Los Angeles; National Bureau of Economic Research
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00621
• 发表日期: 2017-03
• 页码: 67-79
• 关键词: UNITED-STATES; labor-market; LIBERALIZATION; dependence

摘要

Can a temporary economic shock to an important local industry influence long-run city population? To answer this question I study the large temporary shock to British cities caused by the U.S. CivilWar (1861-1865), which reduced cotton supplies to Britain's important cotton textile industry. I show that this event temporarily reduced the growth rate of cities specializing in cotton textile production, relative to other English cities, and led to a persistent change in the level of city population.