| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5054826 | Economic Modelling | 2013 | 12 Pages |
Abstract
⺠We suggest and operationalize a consistent dynamic spatial CGE model. ⺠Spatial features include interregional trade costs and a Dixit-Stiglitz sector. ⺠Local stable manifold theorem is applied to approximate infinite horizon. ⺠Net asset positions of the households are determined endogenously. ⺠Expanding product variety gives rise to semi-endogenous growth.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Johannes Bröcker, Artem Korzhenevych,