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Search Results for “Path Dependence”

Path Dependence and the Persistence of Lake Victoria’s Kenyan Port Towns

Path Dependence and the Persistence of Lake Victoria’s Kenyan Port Towns

Debate about path dependence on emergence and persistence of urban centres has attracted parallel views. The emergence of urbanisation equilibrium in the lake region can be explained by locational fundamentals (their proximity to Lake Victoria) and increasing returns. However, the persistence of these urban centres is due to path dependence.…

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