Multimodal agglomeration in economic geography

Takashi Akamatsu, Tomoya Mori (), Minoru Osawa () and Yuki Takayama ()

Papers from arXiv.org

Abstract: We show that whether multimodal agglomeration endogenously emerges in an economic geography model depends on the spatial scale of dispersion forces embedded in the model. A local dispersion force is caused by crowding effects against concentration at a given location. A global dispersion force arises when attractive locations spread over the geographic space. Many extant models fall into three prototypical model classes, namely, models that have only global, only local, and both local and global dispersion forces. Multimodal agglomeration emerges only when there is a global dispersion force. Otherwise, only a unimodal agglomeration emerges.

Date: 2019-12, Revised 2022-04
New Economics Papers: this item is included in nep-geo and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1912.05113

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