The existence and uniqueness of global solutions to the initial value problem for the system of nonlinear integropartial differential equations in spatial economics: the dynamic continuous Dixit-Stiglitz-Krugman model in an urban-rural setting

DOI10.1155/2015/760136MaRDI QIDQ2520488zbMATH OpenOpenAlexWikidataFDO

Authors Minoru Tabata, Nobuoki Eshima

Publication date 13 December 2016

Published in Abstract and Applied Analysis (Search for Journal in Brave)

Copyright license Creative Commons Attribution 3.0 Unported

Full work available at URL https://doi.org/10.1155/2015/760136

zbMATH Keywords

dynamic continuous Dixit-Stiglitz-Krugman modelglobal solutionsinitial value problemnonlinear integropartial differential equationsspatial economicsurban-rural setting

Mathematics Subject Classification ID

Integro-partial differential equations (35R09) Spatial models in economics (91B72) Mathematical geography and demography (91D20)

Review text

Summary: Assume that economic activities are conducted in a bounded continuous domain where workers move toward regions that offer higher real wages and away from regions that offer below-average real wages. The density of real wages is calculated by solving the nominal wage equation of the continuous Dixit-Stiglitz-Krugman model in an urban-rural setting. The evolution of the density of workers is described by an unknown function of the replicator equation whose growth rate is equal to the difference between the density of real wages and the average real wage. Hence, the evolution of the densities of workers and real wages is described by the system of the nominal wage equation and the replicator equation. This system of equations is an essentially new kind of system of nonlinear integropartial differential equations in the theory of functional equations. The purpose of this paper is to obtain a sufficient condition for the initial value problem for this system to have a unique global solution.

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Cites work

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Cited in

(12)

• The Cauchy problem for the system of equations describing migration motivated by regional economic disparity
• On potentialized partial differential equations in theoretical spatial economics
• Existence and computation of solutions to the initial value problem for the replicator equation of evolutionary game defined by the Dixit-Stiglitz-Krugman model in an urban setting: concentration of workers motivated by disparity in real wages
• Convergence of global solutions to the Cauchy problem for the replicator equation in spatial economics
• An infinite continuous model which derives from a finite discrete model describing the time evolution of the density of firms.
• An extension of Krugman's core-periphery model to the case of a continuous domain: existence and uniqueness of solutions of a system of nonlinear integral equations in spatial economics
• A population explosion in an evolutionary game in spatial economics: blow up radial solutions to the initial value problem for the replicator equation whose growth rate is determined by the continuous Dixit-Stiglitz-Krugman model in an urban setting
• Mathematical analysis for systems of partial differential equations motivated by regional economic trends
• Approximation of a continuous core-periphery model by core-periphery models with a large number of small regions
• Asymptotic behavior of solutions of dynamic Dixit-Stiglitz-Krugman model
• Pattern formation by advection-diffusion in new economic geography
• Asymptotic behavior of solutions of two-region dynamic Dixit-Stiglitz-Krugman model with discrete-time variable

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