Boucekkine, Raouf; Camacho, Carmen; Fabbri, Giorgio - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2013
We study the optimal dynamics of an AK economy where population is uniformly distributed along the unit circle. Locations only differ in initial capital endowments. Spatio-temporal capital dynamics are described by a parabolic partial differential equation. The application of the maximum...