Agglomeration triggered by the number of regions: a NEG model with a quadratic subutility function
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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.
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Cites work
- scientific article; zbMATH DE number 1911261 (Why is no real title available?)
- Functional analysis. Introduction to further topics in analysis
- On the microeconomic foundations of linear demand for differentiated products
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Cited in
(5)- The Footloose Entrepreneur model with a finite number of equidistant regions
- Approximation of Short-Run Equilibrium of the N-Region Core-Periphery Model in an Urban Setting
- Agglomeration patterns in a multi-regional economy without income effects
- Dynamic agglomeration patterns in a two-country new economic geography model with four regions
- Growth, agglomeration, and urban congestion
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