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The progress of spatial agglomeration of Krugman's core–periphery model is investigated by comparative static analysis of stable equilibria with respect to transport costs. We set forth theoretically possible agglomeration (bifurcation) patterns for a system of cities spread uniformly on a...
Persistent link: https://www.econbiz.de/10010577442
The orientation and progress of spatial agglomeration for Krugman's core--periphery model are investigated in this paper. Possible agglomeration patterns for a system of cities spread uniformly on a circle are set forth theoretically. For example, a possible and most likely course predicted for...
Persistent link: https://www.econbiz.de/10008685156
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