Migration, Unemployment, and Growth through Urban Agglomeration

• 발행기관: 한국재정학회(구 한국재정·공공경제학회)
• 저자명: Chul-In Lee
• 간행물 정보: 『한국재정학회 학술대회 논문집』2007년도 추계학술대회 논문집, 1~30쪽, 전체 30쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2007.10.30

영문 초록

Based on agglomeration externalities, we build an endogenous growth model that is consistent with the set of empirical regularities – economic growth transitorily involves rural-to-urban migration, urban unemployment, and the resulting urban concentration. The equilibrium growth path analyzed in this paper naturally extends the static partial migration equilibrium by Harris and Todaro (1970). Urban agglomeration through migration can generate transitory urban productivity growth. When this feature is combined with the assumption that the urban sector exhibits the properties of greater frictions in job matching, the wage and unemployment gaps between rural and urban sectors arise during the urbanization process. We characterize the optimal growth path and draw some policy implications.

목차

Abstract

Ⅰ. Introduction

Ⅱ. Basic Structure of the Model

Ⅲ. The Equilibrium and Transition Path

Ⅳ. Summary and Conclusions

References

키워드

endogenous growth urban agglomeration urban versus non-urban wage and unemployment gaps migration