Agglomeration and Population Aging in a Two Region Model of Exogenous Growth

Beschreibung

This article investigates common consequences of population aging and economic integration for agglomeration. We introduce demography
into the New Economic Geography by generalizing the constructed capital approach to account for finite planning horizons. Interestingly, the level of trade costs triggering agglomeration is rather sensitive to changes in mortality. In particular, we find that a positive mortality
rate counteracts concentration of industrial activity. In sharp contrast
to other New Economic Geography approaches, agglomeration processes
may thus not set in even if economic integration is promoted up
to a high degree.

Zeitraum	25 Aug. 2009 → 29 Aug. 2009
Ereignistitel	ERSA Congress
Veranstaltungstyp	Keine Angaben
Bekanntheitsgrad	International