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On Spatial dynamics

Klaus Desmet and Esteban Rossi-Hansberg

No 2009-16, Working Papers from Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales

Abstract: It has long been recognized that the forces that lead to the agglomeration of economic activity and to aggregate growth are similar. Unfortunately, few formal frameworks have been advanced to explore this link. We critically discuss the literature and present a simple framework that can circumvent some of the main obstacles we identify. We discuss the main characteristics of an equilibrium allocation in this dynamic spatial framework, present a numerical example to illustrate the forces at work, and provide some supporting empirical evidence.

Keywords: dynamic spatial models; technology diffusion; spillovers; trade; factor mobility; growth (search for similar items in EconPapers)
JEL-codes: O3 O4 R1 (search for similar items in EconPapers)
Date: 2009-12-16
New Economics Papers: this item is included in nep-geo and nep-ure
Note: This paper is included in the IMDEA Social Sciences Working Paper Series through the PROCIUDAD-CM Programme
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Citations: View citations in EconPapers (3)

Published in Journal of Regional Science 50(1), February 2010: 43-63

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Related works:
Working Paper: Spatial Dynamics (2025) Downloads
Journal Article: ON SPATIAL DYNAMICS* (2010) Downloads
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