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Titolo:
Multiple equilibria, stability, and asymmetries in Krugman's core-periphery model
Autore:
Lanaspa, LF; Sanz, F;
Indirizzi:
Univ Zaragoza, Fac Econ & Business, Zaragoza 50005, Spain Univ Zaragoza Zaragoza Spain 50005 con & Business, Zaragoza 50005, Spain
Titolo Testata:
PAPERS IN REGIONAL SCIENCE
fascicolo: 4, volume: 80, anno: 2001,
pagine: 425 - 438
SICI:
1056-8190(200110)80:4<425:MESAAI>2.0.ZU;2-D
Fonte:
ISI
Lingua:
ENG
Soggetto:
COMPETITION; LOCATION;
Keywords:
industrial concentration; infrastructures; stable asymmetries;
Tipo documento:
Article
Natura:
Periodico
Settore Disciplinare:
Social & Behavioral Sciences
Citazioni:
18
Recensione:
Indirizzi per estratti:
Indirizzo: Lanaspa, LF Univ Zaragoza, Fac Econ & Business, Doctor Cerrada 3, Zaragoza50005, Spain Univ Zaragoza Doctor Cerrada 3 Zaragoza Spain 50005 05, Spain
Citazione:
L.F. Lanaspa e F. Sanz, "Multiple equilibria, stability, and asymmetries in Krugman's core-periphery model", PAP REG S, 80(4), 2001, pp. 425-438

Abstract

Paul Krugman developed a general equilibrium model with two sectors and two regions in 1991, from which two patterns of industrial localization couldbe endogenously deduced, dispersion at 50% and total concentration. The introduction of transport costs, which depend on the size of the population, are meant to capture effects produced by the trade-off between congestion costs and advantages derived from the possession of infrastructure, thus generates stable asymmetric multiple equilibria. The outcome of asymmetric stable multiple equilibria demonstrates the fruitfulness of this extension of the original model.

ASDD Area Sistemi Dipartimentali e Documentali, Università di Bologna, Catalogo delle riviste ed altri periodici
Documento generato il 23/01/20 alle ore 03:28:57