The existence and uniqueness of short-run equilibrium of the Dixit–Stiglitz–Krugman model in an urban–rural setting
The existence and uniqueness of short-run equilibrium of the Dixit–Stiglitz–Krugman model in an urban–rural setting
复制标题
城乡背景下迪克西特-斯蒂格利茨-克鲁格曼模型短期均衡的存在性和唯一性
DOI:
10.1093/imamat/hxt047
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发表时间:
2015
影响因子:
1.2
通讯作者:
I. Takagi
中科院分区:
文献类型:
--
作者:
M. Tabata;N. Eshima;Yuichi Kiyonari;I. Takagi
The Dixit–Stiglitz–Krugman model is one of the most fundamental models in the new economic geography, and is described by the nominal wage equation. We obtain sufficient conditions for the existence and uniqueness of short-run equilibrium of this model, where a short-run equilibrium is defined by a solution of the nominal wage equation under the condition that the worker distribution is given. We construct an iteration scheme to obtain numerical short-run equilibria. No restriction is imposed on the total number of locations where economic activities are conducted.