Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
974403 | Physica A: Statistical Mechanics and its Applications | 2015 | 11 Pages |
•We analyze the distributions of region size and GDP.•Tails of distributions of region size and GDP both obey power law.•Pareto exponents in region size are bigger than those in GDP.•We build an agent model based on economic factor’s flow.•Simulation results agree with empirical results.
We first analyze the distribution of metropolitan (city) size, the distribution of metropolitan (city) GDP and the relation of both distributions. It is found that (1) the tails of distributions of size and GDP both obey Pareto Law with the Pareto exponent 1; (2) compared with Pareto exponent in GDP, Pareto exponent in size is bigger. Then an agent model is built to study the underlying formation mechanism of distributions of region size and GDP. Our model presents the mechanism how economic factors flow between regions to reproduce the tail behavior and the difference between the Pareto exponents of size and those of GDP. At last, the simulated results agree with the real empirical well.