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Annual Conference

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Trade, Growth and Development

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May 2024

The Economic Dynamics of City Structure: Evidence from Hiroshima's Recovery

Kohei TAKEDA, Atsushi Yamagishi
We provide new theory and evidence on the resilience of internal city structure after a large shock. We analyze the atomic bombing of Hiroshima, which destroyed the city center but not its outskirts. Exploiting newly digitized data on block-level population and employment, we document that the city ...
Keywords: agglomeration, history, expectations, atomic bombing, spatial dynamics
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