Agglomeration triggered by the number of regions: a NEG model with a quadratic subutility function

DOI10.1007/S40505-022-00222-6zbMATH Open1497.91208arXiv2112.02920OpenAlexW4229441191WikidataQ114219131 ScholiaQ114219131MaRDI QIDQ2157291FDOQ2157291

Authors: Kensuke Ohtake 

Publication date: 27 July 2022

Published in: Economic Theory Bulletin (Search for Journal in Brave)

Abstract: We extend the mathematical model proposed by Ottaviano-Tabuchi-Thisse (2002) to a multi-regional case and investigate the stability of the homogeneous stationary solution of the model in a one-dimensional periodic space. When the number of regions is two and three, the homogeneous stationary solution is stable under sufficiently high transport cost. On the other hand, when the number of regions is a multiple of four, the homogeneous stationary solution is unstable under any values of the transport cost.

Full work available at URL: https://arxiv.org/abs/2112.02920

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zbMATH Keywords

differential equationsself-organizationspatial patternsnew economic geographyracetrack economynumber of cities

Mathematics Subject Classification ID

Spatial models in economics (91B72)

Cites Work

• Title not available (Why is that?)
• Spatial period-doubling agglomeration of a core-periphery model with a system of cities
• Functional analysis. Introduction to further topics in analysis
• On the microeconomic foundations of linear demand for differentiated products

Cited In (5)

• Agglomeration patterns in a multi-regional economy without income effects
• Growth, agglomeration, and urban congestion
• The Footloose Entrepreneur model with a finite number of equidistant regions
• Dynamic agglomeration patterns in a two-country new economic geography model with four regions
• Approximation of Short-Run Equilibrium of the N-Region Core-Periphery Model in an Urban Setting

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