Natural Agglomeration

This paper considers the racetrack economic approach, where manufacturing activities are distributed continuously. We seek constant-access equilibria and show that smooth equilibrium distributions are always unstable for almost all transport cost functions, whereas agglomeration in 1 or 2 atomic cities is stable for any economic parameters given regular transport costs, such as linear transport costs

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Year of publication:	2007
Authors:	Picard, Pierre M. ; Tabuchi, Takatoshi
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Regionales Cluster \| Regional cluster \| Agglomerationseffekt \| Agglomeration effect \| Transportkosten \| Transport costs

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Extent:	1 Online-Ressource (39 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 2003 erstellt
Other identifiers:	10.2139/ssrn.981369 [DOI]
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; F12 - Models of Trade with Imperfect Competition and Scale Economies ; R12 - Size and Spatial Distributions of Regional Economic Activity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014051313