Boucekkine, R.; Camacho, C.; Fabbri, G. - In: Journal of Economic Theory 148 (2013) 6, pp. 2719-2736
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...