On Quantitative Spatial Economic Models
Kristian Behrens () and
No WP BRP 184/EC/2018, HSE Working papers from National Research University Higher School of Economics
Quantitative spatial economics (QSE) specifies various components such as preferences, production technology, and frictions for the movement of goods, people, and ideas. Despite the long literature on endogenous location decisions, the question of how these specifications affect resulting spatial equilibria has not been systematically explored. In this paper we start with workhorse models of QSE based on different specifications of preferences and show that spatial equilibria in those models can be generated using the conditional logit model by McFadden (1974). Our result suggests that existing models of QSE have a common origin in one of the oldest location choice models.
Keywords: quantitative spatial economics; location choice; logit; spatial equilibrium (search for similar items in EconPapers)
JEL-codes: F12 F14 R12 R13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm, nep-geo and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Published in WP BRP Series: Economics / EC, March 2018, pages 1-17
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:184/ec/2018
Access Statistics for this paper
More papers in HSE Working papers from National Research University Higher School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Shamil Abdulaev ().