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Raising the bar for productive cities in Latin America and the Caribbean

Author: Maria Marta Ferreyra; Mark Roberts
Publisher: Washington, DC : World Bank Publications, [2018]
Series: World Bank Latin American and Caribbean studies.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
With more than 70 percent of its population living in cities, Latin America and the Caribbean (LAC) is among the most urbanized regions in the world. Yet, although its cities are, on average, more productive than those elsewhere in the world, their productivity lags that of North American and Western European cities. Closing this gap provides LAC with the opportunity to raise living standards and join the ranks of  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Maria Marta Ferreyra; Mark Roberts
ISBN: 9781464812705 1464812705
OCLC Number: 1043831147
Description: 1 online resource : illustrations (some color), maps (some color)
Contents: Front Cover; Contents; Foreword; Preface; Acknowledgments; About the Authors; Abbreviations; Overview; The Productivity of LAC Cities Is Slightly above Average but below the Global Frontier; What These Findings Might Mean for Policy; Annex OA: Productivity Measures Used in the Book to Assess LAC Cities; Annex OB: The Need for Policy; Notes; References; Part I. Urbanization and Productivity in Latin America and the Caribbean; Chapter 1. Urbanization, Economic Development, and Structural Transformation; Introduction; The Origins of Cities in Latin America and the Caribbean Urbanization in the LAC Region and the Rest of the World: Discrepancies between Consistent and Official Measures Urbanization, Economic Development, and Structural Transformation: How Does the LAC Region's Performance Stack Up?; Conclusions; Notes; References; Chapter 2. The Many Dimensions of Urbanization and the Productivity of Cities in Latin America and the Caribbean; Introduction; Defining a Global Data Set of Urban Areas; Urban Areas in the LAC Region Are More Densely Populated Than Those Elsewhere A Significant Share of Latin America and the Caribbean's Urban Population Lives in Large MCAsA Third of LAC Countries Analyzed Suffer from Potentially Excessive Primacy; Implications for National Productivity: Density and MCAs Matter, but Urban Primacy Does Not; International Benchmarking of LAC Urban Areas' Productivity: Better Than Average, but Lagging the Global Frontier; Productivity is Highly Dispersed across LAC Urban Areas; Conclusions; Annex 2A: List of Comparator Countries for Each LAC Country Annex 2B: Statistical Tests of Differences in Population, Area, and Population Density between LAC Countries and Their ComparatorsAnnex 2C: List of Multicity Agglomerations in the LAC Region; Annex 2D: Cross-Country Regression of Log(GDP per Capita) on Different Dimensions of Urbanization: Alternative Definition for a Multicity Agglomeration; Notes; References; Part II. The Determinants of City Productivity in Latin America and the Caribbean; Chapter 3. The Empirical Determinants of City Productivity; Introduction; Cities Are More Productive Than Rural Areas Large Subnational Variations in Productivity, Explained Partly by Sorting Explaining Underlying Variations in Productivity: The Three Theories; What about Firms? Evidence from World Bank Enterprise Surveys; Conclusions; Annex 3A: Results of Regressions on the Determinants of Underlying Productivity Variations Based on the Single-Stage Approach; Notes; References; Chapter 4. Transport Infrastructure and Agglomeration in Cities; Introduction; Transport, Agglomeration, and Productivity: A Brief Review; Transport in Latin America and the Caribbean: History, Current State, and Challenges.
Series Title: World Bank Latin American and Caribbean studies.
Responsibility: María Marta Ferreyra and Mark Roberts, editors.

Abstract:

With more than 70 percent of its population living in cities, Latin America and the Caribbean (LAC) is among the most urbanized regions in the world. Yet, although its cities are, on average, more productive than those elsewhere in the world, their productivity lags that of North American and Western European cities. Closing this gap provides LAC with the opportunity to raise living standards and join the ranks of the world's richest countries. This publication is about the productivity of cities in LAC and the factors that help to explain its determination. Based on original empirical research, the report documents the high levels of population density and other features of LAC cities that mark them out from those in the rest of the world. The report also studies the role of three key factors "urban form, skills, and access to markets" in determining the productivity of LAC cities. It shows that while excessive congestion forces and inadequate metropolitan coordination seem to be stifling the benefits of agglomeration, LAC cities benefit from strong human capital externalities. It also finds that, within individual LAC countries, cities are poorly integrated with one another, which contributes to large differences in performance across cities and undermines their aggregate contribution to productivity at the national level.

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Based on original empirical research, the report documents the high levels of population density and other features of LAC cities that mark them out from those in the rest of the world. The report also studies the role of three key factors \"urban form, skills, and access to markets\" in determining the productivity of LAC cities. It shows that while excessive congestion forces and inadequate metropolitan coordination seem to be stifling the benefits of agglomeration, LAC cities benefit from strong human capital externalities. 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