Journal of Real Estate Finance and Economics, 16: 2, 131±134 (1998) # 1998 Kluwer Academic Publishers JEREMY ATACK Vanderbilt University Despite the cliometric revolution in economic history some forty years ago with its emphasis on formal economic modeling and econometric analysis, there has been remarkably little historical work done on real estate issues in general and urban economics in particular. Classic economic history articles such as Williamson and Swanson's (1966) detailed analysis of the urban growth in the NortheastÐin which they wrote, ``[H]opefully, this research may stimulate other cross-section studies which attempt a more ambitious search for data which would allow for more sophisticated tests of current hypotheses regarding urbanization and industrialization'' ( p. 67)Ðstimulated only scattered followup (for example, Weiher, 1977) while broader conceptualizations such as that by Smolensky and Ratajczak (1965) drew none. This neglect is surprising given the speed of urbanization in the nineteenth and twentieth centuries ( particularly in Chicago and Los Angeles) and the importance of the spatial population distribution for productivity gains through agglomeration and scale economiesÐin health, quality of life, and so on. I believe this neglect re¯ects, in part, the lack of exchange of ideas among specialists in the two ®elds
The Journal of Real Estate Finance and Economics – Springer Journals
Published: Oct 6, 2004
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