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Spatial Agglomeration Dynamics Author info | Abstract | Publisher info | Download info | Related research | Statistics Quah, Danny
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This Paper develops a model of economic growth and activity locating endogenously on a 3-dimensional featureless global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and clustering. Economic activity is not concentrated on discrete isolated points but instead a dynamically-fluctuating, smooth spatial distribution. Spatial inequality is a Cass-Koopmans saddlepath, and the global distribution of economic activity converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it.
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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number
3208.
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Date of creation: Feb 2002Date of revision:
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Keywords: cluster continuous space convergence distribution dynamics globalization growth Knowledge saddlepath dynamics spatial inequality spatial spillovers Other versions of this item:
Find related papers by JEL classification: D30 - Microeconomics - - Distribution - - - General O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
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