Existence, uniqueness, and computation of short-run and long-run equilibria of the Dixit-Stiglitz-Krugman model in an urban setting
Existence, uniqueness, and computation of short-run and long-run equilibria of the Dixit-Stiglitz-Krugman model in an urban setting
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城市环境中迪克西特-斯蒂格利茨-克鲁格曼模型的存在性、唯一性以及短期和长期均衡的计算
DOI:
10.1016/j.amc.2014.02.014
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发表时间:
2014
期刊:
影响因子:
--
通讯作者:
Y. Sakai
中科院分区:
文献类型:
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作者:
M. Tabata;N. Eshima;Y. Sakai
This study analyzes the short-run and long-run equilibria of the Dixit–Stiglitz–Krugman model, without accounting for agriculture. The model, within the branch of New Economic Geography, describes the real wage distribution and worker movements motivated by the disparity in real wages in an urban setting. No restriction is imposed on the total number of locations where economic activities are conducted. We prove that this model has a short-run equilibrium, obtain a sufficient condition for its uniqueness, and construct an iteration scheme to obtain numerical short-run equilibria whose approximation errors are sufficiently small. Moreover, we prove that if the elasticity of substitution and the transport costs are sufficiently large, then the model has a unique long-run equilibrium.
DOI:
10.1017/cbo9780511805660
发表时间:
2002-05
期刊:
--
影响因子:
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作者:
Masahisa Fujita;Jacques-François Thisse
通讯作者:
Masahisa Fujita;Jacques-François Thisse
DOI:
10.1111/j.1468-5876.2009.00504.x
发表时间:
2010-02
期刊:
International Trade eJournal
影响因子:
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作者:
Masahisa Fujita
通讯作者:
Masahisa Fujita