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The Rise and Fall of Urban EconomiesLessons from San Francisco and Los Angeles$
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Michael Storper, Thomas Kemeny, Naji Makarem, and Taner Osman

Print publication date: 2015

Print ISBN-13: 9780804789400

Published to Stanford Scholarship Online: May 2016

DOI: 10.11126/stanford/9780804789400.001.0001

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The Divergent Development of Urban Regions

The Divergent Development of Urban Regions

(p.1) 1 The Divergent Development of Urban Regions
The Rise and Fall of Urban Economies

Michael Storper

Thomas Kemeny

Naji Philip Makarem

Taner Osman

Stanford University Press

Economic development is geographically uneven; incomes differ widely across places. After a long period during which incomes tended to become more even across cities and regions within developed countries, they are now diverging again. In 1970, the San Francisco Bay Area and Greater Los Angeles regions had very similar per capita incomes; in 2012, Los Angeles was almost 30 percent lower than the Bay Area. Understanding this process of divergence, which is widespread among metropolitan regions around the world, is a window on understanding economic development more generally.

Keywords:   economic development, income divergence, income convergence, city systems, urban systems, metropolitan regions, income inequality, housing costs, immigration

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