Zipf’s exponent and Zipf’s law in the BRICS: A rolling sample regressions approach

Peña Blasco, Guillermo (Universidad de Zaragoza) ; Sanz Gracia, Fernando (Universidad de Zaragoza)

Resumen: Using urban data from the last available census of the five BRICS countries we have tested, by means of a rolling sample regressions approach, whether, as Eeckhout (2004) proposed, the Pareto exponent in a standard Zipf equation is decreasing as more cities are added to the sample. The results are very conclusive: Eeckhout's hypothesis is satisfied for Brazil, Russia and South Africa, but for India and China there are non-negligible parts of the distribution where it is not fulfilled. We also test the fulfilment of Zipf's law: it holds in the upper tail of the five countries (except South Africa) but for the rest of the distribution the predominant outcome is rejection.

Idioma: Inglés

Año: 2021

Publicado en: Economics Bulletin 41, 4 (2021), 2543-2549
ISSN: 1545-2921

Originalmente disponible en: Texto completo de la revista

Factor impacto CITESCORE: 0.8 - Economics, Econometrics and Finance (Q3)

Factor impacto SCIMAGO: 0.239 - Economics, Econometrics and Finance (miscellaneous) (Q3)

Financiación: info:eu-repo/grantAgreement/ES/MINECO/ECO2017-82246-P

Tipo y forma: Artículo (Versión definitiva)

Área (Departamento): Área Fund. Análisis Económico (Dpto. Análisis Económico)