Nonlocal reaction–diffusion models of heterogeneous wealth distribution

Dynamics of human populations can be affected by various socio-economic factors through their influence on the natality and mortality rates, and on the migration intensity and directions. In this work we study an economic–demographic model which takes into account the dependence of the wealth production rate on the available resources. In the case of nonlocal consumption of resources, the homogeneous-in-space wealth–population distribution is replaced by a periodic-inspace distribution for which the total wealth increases. For the global consumption of resources, if the wealth redistribution is small enough, then the homogeneous distribution is replaced by a heterogeneous one with a single wealth accumulation center. Thus, economic and demographic characteristics of nonlocal and global economies can be quite different in comparison with the local economy. © 2021 by the authors. Licensee MDPI, Basel, Switzerland.

Authors
Banerjee M.1 , Petrovskii S.V. 2 , Volpert V. 3, 4, 5
Journal
Publisher
MDPI AG
Number of issue
4
Language
English
Pages
1-18
Status
Published
Number
351
Volume
9
Year
2021
Organizations
  • 1 Department of Mathematics & Statistics, IIT Kanpur, Kanpur, 208016, India
  • 2 School of Mathematics & Actuarial Science, University of Leicester, Leicester, LE1 7RH, United Kingdom
  • 3 Institut Camille Jordan, UMR 5208, CNRS, University Lyon 1, Villeurbanne, 69622, France
  • 4 INRIA Team Dracula, INRIA Lyon La Doua, Villeurbanne, 69603, France
  • 5 Peoples’ Friendship University of Russia (RUDN University), 6 Miklukho-Maklaya St, Moscow, 117198, Russian Federation
Keywords
Human population dynamics; Nonlocal consumption of resources; Spatial patterns; Wealth distribution
Date of creation
20.04.2021
Date of change
20.04.2021
Short link
https://repository.rudn.ru/en/records/article/record/72142/
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