Agglomeration processes in aging societies
This article investigates agglomeration processes in aging societies by introducing an overlapping generation structure into a New Economic Geography model. Whether higher economic integration leads to spatial concentration of economic activity crucially hinges on the economies' demographic properties. While population aging as represented by declining birth rates strengthens agglomeration processes, declining mortality rates weaken them. This is due to the fact that we allow for nonconstant population size. In particular, we show that population growth acts as an important dispersion force that augments the distributional effects on agglomeration processes resulting from the turnover of generations.
|Date of creation:||Jun 2010|
|Date of revision:|
|Contact details of provider:|| Postal: Welthandelsplatz 1, 1020 Vienna, Austria|
Web page: http://www.wu.ac.at/economics/en
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Klaus Prettner, 2011.
"Population aging and endogenous economic growth,"
PGDA Working Papers
7211, Program on the Global Demography of Aging.
- Kuhn, Michael & Wrzaczek, Stefan & Prskawetz, Alexia & Feichtinger, Gustav, 2011.
"Externalities in a life cycle model with endogenous survival,"
Journal of Mathematical Economics,
Elsevier, vol. 47(4-5), pages 627-641.
- Michael Kuhn & Stefan Wrzaczek & Alexia Prskawetz & Gustav Feichtinger, 2010. "Externalities in a Life-Cycle Model with Endogenous Survival," Working Papers 1001, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.
- Theresa Grafeneder-Weissteiner & Klaus Prettner, 2009.
"Agglomeration and population ageing in a two region model of exogenous growth,"
0901, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.
- Theresa Grafeneder-Weissteiner & Klaus Prettner, 2009. "Agglomeration and population aging in a two region model of exogenous growth," Department of Economics Working Papers wuwp125, Vienna University of Economics and Business, Department of Economics.
- Klaus Prettner & Alexia Prskawetz, 2009.
"Decreasing Fertility, Economic Growth and the Intergenerational Wage Gap,"
0906, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.
- Klaus Prettner & Alexia Prskawetz, 2010. "Decreasing fertility, economic growth and the intergenerational wage gap," Empirica, Springer, vol. 37(2), pages 197-214, May.
- Stefan Wrzaczek & Michael Kuhn & Alexia Prskawetz & Gustav Feichtinger, 2009. "The Reproductive Value in Distributed Optimal Control Models," Working Papers 0906, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwwuw:wuwp131. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Department of Economics)
If references are entirely missing, you can add them using this form.