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Sustainability 2017, 9(10), 1872; doi:10.3390/su9101872

Mobility of Workers and Population between Old and New Capital Cities Using the Interregional Economic Model

1
College of Engineering, Seoul National University, Seoul 08826, Korea
2
Department of Agricultural Economics and Rural Development and Research Institute of Agricultural and Life Sciences, Seoul National University, Seoul 08826, Korea
*
Author to whom correspondence should be addressed.
Received: 28 August 2017 / Revised: 13 October 2017 / Accepted: 14 October 2017 / Published: 18 October 2017
(This article belongs to the Section Sustainable Urban and Rural Development)
View Full-Text   |   Download PDF [2030 KB, uploaded 18 October 2017]   |  

Abstract

The purpose of this paper is to analyze the effects of transportation and mobility costs on the mobility of workers and the overall population between old and new capital cities. First of all, mobility costs clearly have a negative effect on utility; higher commuting costs could lead to the spatial dispersion of workers. In addition, if the monthly commuting cost exceeds 1290 USD between Seoul (the old capital) and Sejong (the new capital), it would be efficient for workers in Seoul to move to Sejong. Finally, the interregional population equilibrium could be achieved when the share of transportation cost to commodity price reaches 60.1%. View Full-Text
Keywords: mobility; migration and commuting cost; transportation cost; sustainable growth mobility; migration and commuting cost; transportation cost; sustainable growth
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Lee, C.; Kim, E. Mobility of Workers and Population between Old and New Capital Cities Using the Interregional Economic Model. Sustainability 2017, 9, 1872.

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