Friesz, Terry L.; Suo, Zhong-Gui; Bernstein, David H. - In: Transportation Research Part B: Methodological 32 (1998) 7, pp. 467-483
We are concerned in this paper with creating a dynamic description of interregional commodity movements which has steady states consistent with the traditional Samuelson-Takayama-Judge (STJ) static spatial price equilibrium model. This is accomplished by introducing a disequilibrium adjustment...