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Pointwise agglomeration in continuous racetrack model
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Autores
Orientador(es)
Resumo(s)
Using analytical methods they devised, the authors intend to study economic aspects
of the racetrack economy described as a continuous-space version of the new economic geography model. The main mathematical conclusions are summarized as
follows: 1) Workers and frms agglomerate only to a fnite number of cities, and the
maximum number of possible emerging cities reduces as the preference for variety
increases or the transport cost decreases. 2) The further apart cities are located from
each other, the more stable the city confguration is against the increasing preference
for variety or the decreasing of the transport cost.
Descrição
Palavras-chave
Pointwise agglomeration Robustness of city confguration Continuous racetrack economy
Contexto Educativo
Citação
Ohtake, Kensuke e Atsushi Yagi (2022). "Pointwise agglomeration in continuous racetrack model". Portuguese Economic Journal, 21(2):211-235
Editora
Springer