Article (Scientific journals)
Self-organized Agglomerations and Transport Costs
Picard, Pierre M.; Tabuchi, Takatoshi
2010In Economic Theory, 42, p. 565-589
Peer reviewed
 

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Keywords :
agglomeration; continuous distribution; asymptotic stability; Fourier series
Abstract :
[en] This paper investigates the number and structure of spatial equilibria in a continuous space for a general class of transport cost functions. The economic space is represented by a circumference on which Þrms and workers-consumers are perfectly mobile. We derive the conditions to be imposed on the transport cost functions under which the distributions of workers and Þrms are stable equilibria. We also derive the conditions under which discrete distributions of workers over equidistant points (cities) are stable equilibria for large and small number of points (cities).
Disciplines :
Microeconomics
Economic systems & public economics
Identifiers :
UNILU:UL-ARTICLE-2009-668
Author, co-author :
Picard, Pierre M. ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Tabuchi, Takatoshi
Language :
English
Title :
Self-organized Agglomerations and Transport Costs
Publication date :
March 2010
Journal title :
Economic Theory
ISSN :
0938-2259
Publisher :
Springer Science & Business Media B.V., New York, United States - New York
Volume :
42
Pages :
565-589
Peer reviewed :
Peer reviewed
Available on ORBilu :
since 27 November 2013

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