Three Pillars of Urbanization: Migration, Aging, and Growth

Economic development in industrialized countries is characterized by rising per capita GDP, increasing life expectancy, and an ever greater share of the population living in cities. We explain this pattern within a regional innovation-driven economic growth model with labor mobility and a demographic structure of overlapping generations. The model shows a natural tendency for core–periphery structures to emerge in modern knowledge-based economies.

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Year of publication:	2020
Authors:	Grafeneder-Weissteiner, Theresa ; Prettner, Klaus ; Südekum, Jens
Published in:	De Economist. - New York, NY : Springer US, ISSN 1572-9982. - Vol. 168.2020, 2, p. 259-278
Publisher:	New York, NY : Springer US
Subject:	Agglomeration \| Urbanization \| Migration \| Innovation \| Growth \| Core–periphery structures \| Regional inequality

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/s10645-020-09356-z [DOI]
Classification:	J10 - Demographic Economics. General ; O30 - Technological Change; Research and Development. General ; O41 - One, Two, and Multisector Growth Models ; R23 - Regional Migration; Regional Labor Markets; Population
Source:	EconStor

Persistent link: https://www.econbiz.de/10014504397