Three pillars of urbanization: migration, aging, and growth

Theresa Grafeneder-Weissteiner; Klaus Prettner; Jens Südekum

doi:10.1007/s10645-020-09356-z

Three pillars of urbanization: migration, aging, and growth

Theresa Grafeneder-Weissteiner
, Klaus Prettner
, Jens Südekum

Department of Economics (Crespo Cuaresma)

Publication: Scientific journal › Journal article › peer-review

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.

Original language	English
Pages (from-to)	259 - 278
Journal	De Economist
Volume	168
DOIs	https://doi.org/10.1007/s10645-020-09356-z
Publication status	Published - 2020

Austrian Classification of Fields of Science and Technology (ÖFOS)

502018 Macroeconomics
504006 Demography

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10.1007/s10645-020-09356-zLicence: Unspecified

Cite this

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title = "Three pillars of urbanization: migration, aging, and growth",

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.",

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AB - 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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DO - 10.1007/s10645-020-09356-z

M3 - Journal article

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JO - De Economist

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