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New economic geography model with natural capital and migration congestion effect

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  • Kurita, Kenichi
  • Managi, Shunsuke

Abstract

This paper constructs the economic model to consider the economy in cities from the waste management perspective. Specifically, we analyze the link between migration, natural capital, and waste management by applying the new economic geography model. We show the results; the population distribution pattern in the long run varies depending on the congestion effect of natural capital and waste management’s technological level. In particular, a full agglomeration equilibrium realizes in the long run for higher technological levels of waste management (lower congestion effects), an interior asymmetric equilibrium does for intermediate technological levels (intermediate congestion effects), and the symmetric dispersion equilibrium realizes for the lower technological levels (higher congestion effects).

Suggested Citation

  • Kurita, Kenichi & Managi, Shunsuke, 2023. "New economic geography model with natural capital and migration congestion effect," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 635-641.
    • Handle: RePEc:eee:ecanpo:v:77:y:2023:i:c:p:635-641
    DOI: 10.1016/j.eap.2022.12.026
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