منابع مشابه
Chaos in the Core-Periphery Model
This paper shows that the standard continuous-time core-periphery model – the foundation of the New Economic Geography – is not robust: simply reformulating it in discrete time has profound implications. The continuous-time model can only exhibit stationary long-term behavior, and high transport costs are perceived as stabilizing. In contrast, the discrete-time model can exhibit cycles of any p...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2006
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2004.05.006