Abstract
By 2050 about 80% of the world’s population is expected to live in cities. Cities offer spatial economic advantages that create agglomeration forces and innovation that foster concentration of economic activities, but for historic reasons cluster along coasts and rivers that are prone to climate-driven flooding. To explore tradeoffs between agglomeration economies and the changing face of hazards we present an evolutionary economics model with heterogeneous agents. Without climate-induced shocks, the model demonstrates how advantageous transport costs that the waterfront offers lead to the self-reinforcing and path-dependent agglomeration process in coastal areas. The likelihood and speed of such agglomeration strongly depend on the transport cost and magnitude of climate-driven shocks. In particular, shocks of different size have non-linear impact on output growth and spatial distribution of economic activities.
Original language | English |
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Title of host publication | Advances in Social Simulation - Proceedings of the 16th Social Simulation Conference |
Editors | Marcin Czupryna, Bogumił Kamiński |
Publisher | Springer |
Pages | 145-160 |
Number of pages | 16 |
ISBN (Print) | 9783030928421 |
DOIs | |
Publication status | Published - 2022 |
Event | 16th Social Simulation Conference, SSC 2021 - Kraków, Poland Duration: 20 Sept 2021 → 24 Sept 2021 |
Publication series
Name | Springer Proceedings in Complexity |
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ISSN (Print) | 2213-8684 |
ISSN (Electronic) | 2213-8692 |
Conference
Conference | 16th Social Simulation Conference, SSC 2021 |
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Country/Territory | Poland |
City | Kraków |
Period | 20/09/21 → 24/09/21 |
Bibliographical note
Green Open Access added to TU Delft Institutional Repository 'You share, we take care!' - Taverne project https://www.openaccess.nl/en/you-share-we-take-careOtherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.
Keywords
- Agent-based model
- Agglomeration
- Climate
- Flood
- Migration
- Path-dependency
- Relocation
- Shock