Internet Cluster Emergence
AbstractInternet development holds the promise of transmitting economic value across physical space at zero marginal cost. In such a 'weightless economy', what factors matter for the location of economic activity and thus for economic development? This paper sketches a model of spatial dynamics over a three-dimensional globe, where transportation costs don't matter. The paper develops conditions under which clusters of activity emerge.
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Bibliographic InfoPaper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp0441.
Date of creation: Feb 2000
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Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP
Distribution dynamics; economic geography; internet; location; space; time; Toepitz; weightless economy;
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