Agglomeration and welfare of the Krugman model in a continuous space
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DOI: 10.1016/j.mathsocsci.2023.04.001
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More about this item
Keywords
Compensation principle; Continuous racetrack economy; Core–periphery model; Economic agglomeration; Transport cost; Welfare economics;All these keywords.
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)
- R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
- D60 - Microeconomics - - Welfare Economics - - - General
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