Does New Economic Geography Faithfully Describe Reality?

Discussion papers from Research Institute of Economy, Trade and Industry (RIETI)

Abstract: This 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.

Pages: 23 pages
Date: 2012-10
New Economics Papers: this item is included in nep-geo and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:eti:dpaper:12071

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