Appendix to Chapter 16
Giancarlo Gandolfo
Chapter Chapter 30 in International Trade Theory and Policy, 2014, pp 607-615 from Springer
Abstract:
Abstract Since the very beginning the literature on the new economic geography has made wide use of numerical methods to explore the models. In this appendix we provide two simple examples. In the first example we use numerical methods to draw the phase line which then allows performing the traditional topological analysis of global stability. The second example deals with the relationship between theory and empirics and consists in comparing the (numerical) solution values obtained from the model with what is observed in (or estimated from) the data.
Keywords: Real Wage; Trade Liberalization; Trade Opening; Trade Cost; Housing Stock (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-642-37314-5_30
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DOI: 10.1007/978-3-642-37314-5_30
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