Multiple Markets and Spatial Agglomeration in a One Shopping Trip Model
Urban/Regional from University Library of Munich, Germany
This paper analyzes a spatial competitive monopolistic model of agglomeration in which households make only one shopping trip per period, and there are several firms in each industry. The model is a version of a model by Fujita (1988), but unlike his, in this model no equilibrium mixed district is possible, and a number of firm districts may appear. It is shown that allowing several firms in each industry may lead to a Mall equilibrium or an equilibrium with multiple shopping centers.
Keywords: agglomeration; bid-rent; land use; residential district; firm district (search for similar items in EconPapers)
JEL-codes: R1 R14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mic
Note: Type of Document - Acrobat PDF; pages: 27 ; figures: included
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Working Paper: Multiple Markets and Spatial Agglomeration in a One Shopping Trip Model (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpur:0111002
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