Hotelling's Migration Model Revisited
T Puu
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T Puu: Department of Economics, University of Umeå, S-90187 Umeå, Sweden
Environment and Planning A, 1991, vol. 23, issue 8, 1209-1216
Abstract:
In the present article Hotelling's model of population growth and migration of 1921 is ‘revisited’. After a discussion of the stationary solutions and their stability the main point is made. The model itself is structurally unstable, but can be easily stabilized by adding a simple autonomous migration component. By this, the solution curves, in the shape of constant amplitude population waves over space for the original model, either become damped in one direction and explosive in another or are replaced by just one single spatial limit cycle.
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:23:y:1991:i:8:p:1209-1216
DOI: 10.1068/a231209
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