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 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.

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Year of publication:	2018
Authors:	Grafeneder-Weissteiner, Theresa ; Prettner, Klaus ; Südekum, Jens
Publisher:	Stuttgart : Universität Hohenheim, Fakultät Wirtschafts- und Sozialwissenschaften
Subject:	agglomeration \| migration \| innovation \| growth \| demography \| urbanization \| core-periphery structure \| regional inequality

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Series:	Hohenheim Discussion Papers in Business, Economics and Social Sciences ; 04-2018
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1015283225 [GVK] hdl:10419/175406 [Handle] RePEc:zbw:hohdps:042018 [RePEc]
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/10011800301