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Three Pillars of Urbanization: Migration, Aging, and Growth

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  • Theresa Grafeneder-Weissteiner

    (University of Vienna)

  • Klaus Prettner

    (University of Hohenheim)

  • Jens Südekum

    (Heinrich-Heine-University Düsseldorf)

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.

Suggested Citation

  • Theresa Grafeneder-Weissteiner & Klaus Prettner & Jens Südekum, 2020. "Three Pillars of Urbanization: Migration, Aging, and Growth," De Economist, Springer, vol. 168(2), pages 259-278, June.
    • Handle: RePEc:kap:decono:v:168:y:2020:i:2:d:10.1007_s10645-020-09356-z
    DOI: 10.1007/s10645-020-09356-z
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    2. Hongjie Wang & Xiaolu Gao & Zening Xu & Yuan Li & Xinyue Zhang & Mark W. Rosenberg, 2022. "Exploring the Climate Temperature Effects on Settlement Intentions of Older Migrants: Evidence from China," IJERPH, MDPI, vol. 19(8), pages 1-15, April.
    3. Ben J. Heijdra & Klaus Prettner, 2020. "Putting People Back into the Picture: Some Studies in Demographic Economics," De Economist, Springer, vol. 168(2), pages 147-152, June.
    4. Alfiya Kuznetsova & Aigul Selezneva & Radmir Iksanov & Flyuza Tukayeva, 2022. "Trends of Migration Transformations in the Countries of the European Union and the Russian Federation: Identification of Predictors of Migration Processes in the Context of Migration Policy and Public," Public Organization Review, Springer, vol. 22(4), pages 1173-1189, December.
    5. David Mhlanga & Rufaro Garidzirai, 2020. "Energy Demand and Race Explained in South Africa: A Case of Electricity," Eurasian Journal of Business and Management, Eurasian Publications, vol. 8(3), pages 191-204.
    6. Faris Alshubiri, 2021. "The stock market capitalisation and financial growth nexus: an empirical study of western European countries," Future Business Journal, Springer, vol. 7(1), pages 1-20, December.

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    More about this item

    Keywords

    Agglomeration; Urbanization; Migration; Innovation; Growth; Core–periphery structures; Regional inequality;
    All these keywords.

    JEL classification:

    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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