5 documents found, page 1 of 1
On the disentanglement of an economic union [comunicação oral]
Saraiva, Jorge; Gaspar, José M.; Ikeda, KiyohiroWe study how the unilateral withdrawal of a region from an economic union affects the spatial distribution of economic activity and social welfare. We explore the three-region quasi-linear log utility footloose entrepreneur model under the assumption that this dissent can be expressed as a higher transportation cost between the leaving party and the remaining union members. We find that a spatial distribution i...
How and where satellite cities form around a large city: bifurcation mechanism ...
Ikeda, Kiyohiro; Aizawa, Hiroki; Gaspar, J. M.We investigate economic agglomerations in a long narrow economy, in which discrete locations are evenly spread over a line segment. The bifurcation mechanism of a monocentric city at the center is analyzed analytically to show how and where satellite cities form. This is an important step to elucidate the mechanism of the competition between a large central city and satellite cities, which is taking place world...
線分都市経済における単一中心型集積の分岐解析
Aizawa, Hiroki; Ikeda, Kiyohiro; Kogure, Yosuke; Osawa, Minoru; Gaspar, José MariaIn new economic geography, economic agglomeration is known to be governed by bifurcation. However, the majority of theoretical researches focuses on two-place economy and racetrack economy and abstract from geographical advantage which are pervasive in the real world. In this paper, we focus on a long narrow economy, in which discrete locations are equally spread over a line segment. By group-theoretic bifurcat...
Global bifurcation mechanism and local stability of identical and equidistant r...
Gaspar, José M.; Ikeda, Kiyohiro; Onda, MikihasaWe provide an analytical description of possible spatial patterns in economic geography models with three identical and equidistant regions by adapting results from General Bifurcation mechanism. We then use Pflüger's (2004, Reg Sci Urb Econ) model to show analytically how such spatial patterns can be uncovered. As the freeness of trade increases, a uniform distribution undergoes a direct bifurcation that leads...
Global bifurcation mechanism and local stability of identical and equidistant r...
Gaspar, José; Ikeda, Kiyohiro; Onda, MikihasaWe provide an analytical description of possible spatial patterns in economic geography models with three identical and equidistant regions by applying results from General Bifurcation mechanisms. We then use Pflüger’s (2004, Reg Sci Urb Econ) model to show what spatial patterns can be uncovered analytically. As the freeness of trade increases, a uniform distribution undergoes a direct bifurcation that leads to...