Are NEG Models Capable of Simulating Agglomeration in the Real World?
AbstractThis paper shows that new economic geography models are capable of simulating the real-world tendency for urban agglomeration to the primate city. It is often observed that while regional populations were dispersed in early times, they have been increasingly concentrated into one capital region over recent years. The present paper thus demonstrates that multi-region new economic geography models are able to simulate the real-world population distribution trends witnessed over the past few centuries.
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Bibliographic InfoPaper provided by CIRJE, Faculty of Economics, University of Tokyo in its series CIRJE F-Series with number CIRJE-F-854.
Length: 21 pages
Date of creation: Jun 2012
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-08 (All new papers)
- NEP-GEO-2012-07-08 (Economic Geography)
- NEP-URE-2012-07-08 (Urban & Real Estate Economics)
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