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The Spatial Solow Model

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Author Info

  • Carmen, CAMACHO

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES))

  • Benteng, ZOU

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES))

Abstract

In this paper, we solve a Solow model in continuous time and space. We prove the existence of a solution to the problem and its convergence to a stationary solution. The simulation of various scenarios in the last section of the paper illustrates the convergence issue

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Bibliographic Info

Paper provided by Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) in its series Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) with number 2003017.

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Length: 16
Date of creation: 01 Sep 2003
Date of revision:
Handle: RePEc:ctl:louvir:2003017

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Keywords: Solow Model; Growth; Geographic economics;

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References

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  1. Raouf, BOUCEKKINE & Blanca, MARTINEZ & Cagri, SAGLAM, 2003. "The Development problem under embodiment," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2003006, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  2. Ten Raa, Thijs, 1986. "The initial value problem for the trade cycle in euclidian space," Regional Science and Urban Economics, Elsevier, vol. 16(4), pages 527-546, November.
  3. Niosi, Jorge & Hanel, Petr & Fiset, Liette, 1995. "Technology transfer to developing countries through engineering firms: The Canadian experience," World Development, Elsevier, vol. 23(10), pages 1815-1824, October.
  4. Krugman, Paul, 1993. "On the number and location of cities," European Economic Review, Elsevier, vol. 37(2-3), pages 293-298, April.
  5. repec:cup:cbooks:9780521805247 is not listed on IDEAS
  6. repec:cup:cbooks:9780521801386 is not listed on IDEAS
  7. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-99, June.
  8. Pascal Mossay, 2003. "Increasing Returns And Heterogeneity In A Spatial Economy," Working Papers. Serie AD 2003-04, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  9. Mossay, Pascal, 2003. "Increasing returns and heterogeneity in a spatial economy," Regional Science and Urban Economics, Elsevier, vol. 33(4), pages 419-444, July.
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Citations

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Cited by:
  1. Athanasios Yannacopoulos & Anastasios Xepapadeas & William Brock, . "Spatial Externalities and Agglomeration in a Competitive Industry," DEOS Working Papers 1336, Athens University of Economics and Business.
  2. William Brock & Anastasios Xepapadeas & Athanasios Yannacopoulos, 2014. "Optimal Agglomerations in Dynamic Economics," DEOS Working Papers 1403, Athens University of Economics and Business.
  3. William Brock & Anastasios Xepapadeas & Athanasios Yannacopoulos, 2014. "Optimal Control in Space and Time and the Management of Environmental Resources," DEOS Working Papers 1402, Athens University of Economics and Business.

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