A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Abstract This study examines a two-region OLG mode, in which parents educate their children and choose their location freely; that is, the population distribution and each worker’s productivity are determined endogenously. Owing to the setting of both agglomeration economies in wage and agglomeration diseconomies in utility and thereby different consumption patterns between regions, the present model represents a generation of inequality in educational level between regions even when households with equivalent education are given. Incentive for interregional segregation by educational level is also assumed and inequality is persistent in the result. This model demonstrates a development process starting with a low-developed initial state that represents population concentration accompanied with human capital growth and expansion of interregional inequalities. In addition, the effects of policies on long-run equilibria are addressed along with lock-in effects against these policies.
Abstract This study examines a two-region OLG mode, in which parents educate their children and choose their location freely; that is, the population distribution and each worker’s productivity are determined endogenously. Owing to the setting of both agglomeration economies in wage and agglomeration diseconomies in utility and thereby different consumption patterns between regions, the present model represents a generation of inequality in educational level between regions even when households with equivalent education are given. Incentive for interregional segregation by educational level is also assumed and inequality is persistent in the result. This model demonstrates a development process starting with a low-developed initial state that represents population concentration accompanied with human capital growth and expansion of interregional inequalities. In addition, the effects of policies on long-run equilibria are addressed along with lock-in effects against these policies.
Regional income disparities in an OLG structure
Itoh, Ryo (author)
2011
Article (Journal)
English
Regional income disparities in an OLG structure
| Online Contents | 2011
3.1. Economic development and regional income disparities
Online Contents | 1998
On factor specificity, trickle down effects and regional disparities in income
| Online Contents | 1983
Fiscal decentralization and regional income disparities: evidence from the Colombian experience
| Online Contents | 2006
Fiscal decentralization and regional income disparities: evidence from the Colombian experience
| Online Contents | 2006