Three pillars of urbanization: Migration, aging, and growth
Klaus Prettner () and
Authors registered in the RePEc Author Service: Jens Suedekum ()
No 04-2018, Hohenheim Discussion Papers in Business, Economics and Social Sciences from University of Hohenheim, Faculty of Business, Economics and Social Sciences
Economic development in industrialized countries is characterized by rising per capita GDP, increasing life expectancy, and an ever larger 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 that there is a natural tendency for core-periphery structures to emerge in modern knowledge-based economies.
Keywords: agglomeration; migration; innovation; growth; demography; urbanization; core-periphery structure; regional inequality (search for similar items in EconPapers)
JEL-codes: J10 O30 O41 R23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-dge, nep-geo, nep-gro and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:hohdps:042018
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