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original: Coordination and bifurcation in growing spatial economies

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  • J. Barkley Rosser Jr.

    (Department of Economics, James Madison University, Harrisonburg, VA 22807, USA)

Abstract

Bifurcation of endogenous growth equilibria with infrastructure investment affecting productivity through altering levels of coordination of economic activity are studied using interacting particle systems theory. Critical levels of infrastructure relative to private capital generate discontinuous changes in coordination and thus in general productivity. Higher coordination is associated with two equilibria, one with positive expectational high growth and one with negative expectational low growth. Thus, heightened regional linkages may be associated with greater volatility of economic activity.

Suggested Citation

  • J. Barkley Rosser Jr., 1998. "original: Coordination and bifurcation in growing spatial economies," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 32(1), pages 133-143.
    • Handle: RePEc:spr:anresc:v:32:y:1998:i:1:p:133-143
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    Cited by:

    1. J. Barkley Rosser, 1999. "On the Complexities of Complex Economic Dynamics," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 169-192, Fall.
    2. Claes Andersson & Koen Frenken & Alexander Hellervik, 2006. "A Complex Network Approach to Urban Growth," Environment and Planning A, , vol. 38(10), pages 1941-1964, October.

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