Spatial Analysis: Development of Descriptive and Normative Methods with Applications to Economic-Ecological Modelling

Anastasios Xepapadeas and William Brock

No 2004.159, Working Papers from Fondazione Eni Enrico Mattei

Abstract: This paper adapts Turing analysis and applies it to dynamic bioeconomic problems where the interaction of coupled economic and ecological dynamics over space endogenously creates (or destroys) spatial heterogeneity. It also extends Turing analysis to standard recursive optimal control frameworks in economic analysis and applies it to dynamic bioeconomic problems where the interaction of coupled economic and ecological dynamics under optimal control over space creates a challenge to analytical tractability. We show how an appropriate formulation of the problem reduces analysis to a tractable extension of linearization methods applied to the spatial analog of the well known costate/state dynamics. We illustrate the usefulness of our methods on bioeconomic applications, but the methods have more general economic applications where spatial considerations are important. We believe that the extension of Turing analysis and the theory associated with dispersion relationship to recursive infinite horizon optimal control settings is new.

Keywords: Spatial analysis; Economic-ecological modelling (search for similar items in EconPapers)
JEL-codes: C6 Q2 (search for similar items in EconPapers)
Date: 2004-12
New Economics Papers: this item is included in nep-env, nep-geo and nep-res
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Spatial analysis: development of descriptive and normative methods with applications to economic-ecological modelling (2004)
Working Paper: Spatial Analysis: Development of Descriptive and Normative Methods with Applications to Economic-Ecological Modelling (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2004.159

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