Ramos, Arturo and Sanz-Gracia, Fernando and González-Val, Rafael (2014): On the parametric description of US city size distribution: New empirical evidence.
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Abstract
We study US city size distribution using places data from the Census, without size restrictions, for the period 1900-2010, and the recently constructed US City Clustering Algorithm (CCA) data for 1991 and 2000.
We compare the lognormal and the double Pareto lognormal with two newly introduced distributions. The empirical results are overwhelming: one of the new distributions greatly outperforms any of the previously-used density functions for both types of data.
We also discuss the implications of these results for the possible existence of a class of stochastic processes broader than the standard geometric Brownian motion with drift with or without a Yule process, which might generate the new density functions.
Item Type: | MPRA Paper |
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Original Title: | On the parametric description of US city size distribution: New empirical evidence |
Language: | English |
Keywords: | US city size distribution, population thresholds, lower and upper tail, new statistical distributions |
Subjects: | C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C13 - Estimation: General R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R0 - General > R00 - General |
Item ID: | 56545 |
Depositing User: | Arturo Ramos |
Date Deposited: | 10 Jun 2014 13:39 |
Last Modified: | 29 Sep 2019 08:54 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/56545 |
Available Versions of this Item
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A new framework for the US city size distribution: Empirical evidence and theory. (deposited 16 Dec 2013 02:33)
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A new framework for US city size distribution: Empirical evidence and theory. (deposited 30 Jan 2014 17:32)
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A new framework for US city size distribution: Empirical evidence and theory. (deposited 04 Feb 2014 05:32)
- On the parametric description of US city size distribution: New empirical evidence. (deposited 10 Jun 2014 13:39) [Currently Displayed]
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A new framework for US city size distribution: Empirical evidence and theory. (deposited 04 Feb 2014 05:32)
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A new framework for US city size distribution: Empirical evidence and theory. (deposited 30 Jan 2014 17:32)