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Break and sustain bifurcations of S_N-invariant equidistant economy

Author

Listed:
  • Aizawa, Hiroki
  • Ikeda, Kiyohiro
  • Osawa, Minoru
  • José M, Gasper

Abstract

This paper aims at the elucidation of the bifurcation mechanism of an equidistant economy in Economic Geography. An attention is paid to the existence of invariant solutions that retain their spatial patterns when the bifurcation parameter changes. Theoretical results on symmetrybreaking bifurcation of the symmetric group SN, which describes the symmetry of this economy, is combined with the mechanism of sustain bifurcation of invariant patterns that is inherent to the economy. The stability of bifurcating branches is investigated theoretically to demonstrate that most of them are asymptotically unstable. Among a plethora of theoretically possible spatial patterns, those which actually become stable for spatial economic models are investigated numerically. The solution curves of the economy are shown to display a complicated mesh-like structure, which looks like threads of warp and weft.

Suggested Citation

  • Aizawa, Hiroki & Ikeda, Kiyohiro & Osawa, Minoru & José M, Gasper, 2019. "Break and sustain bifurcations of S_N-invariant equidistant economy," MPRA Paper 97654, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:97654
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    References listed on IDEAS

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    1. Gaspar, José M. & Ikeda, Kiyohiro & Onda, Mikihasa, 2021. "Global bifurcation mechanism and local stability of identical and equidistant regions: Application to three regions and more," Regional Science and Urban Economics, Elsevier, vol. 86(C).

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    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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