EconPapers    
Economics at your fingertips  
 

Growth and Agglomeration in the Heterogeneous Space: A Generalized AK Approach

Raouf Boucekkine (), Giorgio Fabbri, Salvatore Federico () and Fausto Gozzi

No 2017006, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: Abstract. We provide with an optimal growth spatio-temporal setting with capital accumulation and diffusion across space in order to study the link between economic growth triggered by capital spatio-temporal dynamics and agglomeration across space. We choose the simplest production function generating growth endogenously, the AK technology but in sharp contrast to the related literature which considers homogeneous space, we derive optimal location outcomes for any given space distributions for technology (through the productivity parameter A) and population. Beside the mathematical tour de force, we ultimately show that agglomeration may show up in our optimal growth with linear technology, its exact shape depending on the interaction of two main effects, a population dilution effect versus a technology space discrepancy effect.

Keywords: Growth; agglomeration; heterogeneous and continuous space; capital mobility; infinite dimensional optimal control problems (search for similar items in EconPapers)
JEL-codes: C61 O4 R1 (search for similar items in EconPapers)
Pages: 25
Date: 2017-03-28
New Economics Papers: this item is included in nep-geo, nep-gro and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://sites.uclouvain.be/econ/DP/IRES/2017006.pdf (application/pdf)

Related works:
Journal Article: Growth and agglomeration in the heterogeneous space: a generalized AK approach (2019) Downloads
Working Paper: Growth and Agglomeration in the Heterogeneous Space: A Generalized AK Approach (2019) Downloads
Working Paper: Growth and agglomeration in the heterogeneous space: A generalized AK approach (2018) Downloads
Working Paper: Growth and agglomeration in the heterogeneous space: A generalized AK approach (2018) Downloads
Working Paper: Growth and Agglomeration in the Heterogeneous Space: A Generalized AK Approach (2017) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvir:2017006

Access Statistics for this paper

More papers in LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) Place Montesquieu 3, 1348 Louvain-la-Neuve (Belgium). Contact information at EDIRC.
Bibliographic data for series maintained by Virginie LEBLANC ().

 
Page updated 2025-03-30
Handle: RePEc:ctl:louvir:2017006