Three Pillars of Urbanization: Migration, Aging, and Growth
Klaus Prettner () and
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Theresa Grafeneder-Weissteiner: University of Vienna
Jens Südekum: Heinrich-Heine-University Düsseldorf
Authors registered in the RePEc Author Service: Jens Suedekum ()
De Economist, 2020, vol. 168, issue 2, No 5, 259-278
Abstract 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.
Keywords: Agglomeration; Urbanization; Migration; Innovation; Growth; Core–periphery structures; Regional inequality (search for similar items in EconPapers)
JEL-codes: J10 O30 O41 R23 (search for similar items in EconPapers)
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Working Paper: Three pillars of urbanization: Migration, aging, and growth (2018)
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