2010/01/01 by Theresa Grafeneder-Weissteiner, Klaus Prettner, Grafeneder-Weissteiner, Theresa +1 · 1 citation
Economics, Econometrics and Finance · Social Sciences · #Economic Growth and Productivity #Migration, Aging, and Tourism Studies #Regional Economics and Spatial Analysis
paper · pdf · doi:10.57938/51118d49-23d9-46a9-b8e9-a9c9bde79c52
openalex publication_date 2010/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/23
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. (author's abstract)