The Major Drivers of Urban Growth in Developed Countries: Evidence from the G7
It is widely alleged that urbanization has gained momentum during the past 19th and 20th century in most of today’s developed countries. Today, these countries still displaying higher urban rates globally, are recorded a tremendous decline in urban growth. As the phenomenon has been less examined in the concerned countries in the 21st century compared to the previous centuries, this study proposes an analysis of selected economic, demographic and political variables in the process of urbanization occurring in the Group of seven (G7) countries. Data from the World Development Indicators and some other specialized institutions related to the G7 countries from 1995 to 2014 are employed to test the hypothesis that economic factors and international migration are the main engines of urban growth in the area. Results from panel data analysis using Fixed Effects estimations are used to test the hypothesized relationships. We found that higher productivity in manufacturing and increasing international migration flows are accelerating the pace of urban growth in G7 countries in the contemporary era.
Anahtar Kelimeler:
Drivers of Urban growth, G7 countries, Panel data, Fixed Effects Model, 21st century
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- ISSN: 2528-9942
- Başlangıç: 2015
- Yayıncı: Politik Ekonomik ve Sosyal Araştırmalar Merkezi
Sayıdaki Diğer Makaleler
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