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      A Harris-Todaro Agent-Based Model to Rural-Urban Migration

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          Abstract

          The Harris-Todaro model of the rural-urban migration process is revisited under an agent-based approach. The migration of the workers is interpreted as a process of social learning by imitation, formalized by a computational model. By simulating this model, we observe a transitional dynamics with continuous growth of the urban fraction of overall population toward an equilibrium. Such an equilibrium is characterized by stabilization of rural-urban expected wages differential (generalized Harris-Todaro equilibrium condition), urban concentration and urban unemployment. These classic results obtained originally by Harris and Todaro are emergent properties of our model.

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          Development Economics

          Debraj Ray (1998)
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              American Economic Review

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                Author and article information

                Journal
                27 October 2005
                Article
                10.1590/S0103-97332006000500002
                physics/0510248
                ead561de-5e42-483c-9d4c-125dbee21e03
                History
                Custom metadata
                7 pages, 14 figures
                physics.soc-ph

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