Article ID Journal Published Year Pages File Type
7243573 Journal of Economic Behavior & Organization 2014 21 Pages PDF
Abstract
Self-organization of agglomeration patterns for economic models in a two-dimensional economic space is studied from a multi-disciplinary viewpoint of new economic geography, central place theory, and bifurcation theory. Emergence of hexagonal distributions of various sizes in a homogeneous space is predicted theoretically for core-periphery models. The existence of hexagonal distributions as stable equilibria is demonstrated by a comparative static analysis with respect to transport costs for specific core-periphery models. These distributions are the ones envisaged by central place theory and also inferred to emerge by Krugman (1996) for a core-periphery model in two dimensions.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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