Ago, Takanori; Isono, Ikumo; Tabuchi, Takatoshi - Center for International Research on the Japanese … - 2003
We show that how spatial evolution is different between the two representative models of economic geography: Krugman (1991 JPE) and Ottaviano et al. (2002 IER). We analyze the impacts of falling transport costs on the spatial distribution of economic activities and welfare for three regions...