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Journal Articles Journal of Economic Theory Year : 2016

Geographical structure and convergence: A note on geometry in spatial growth models

Abstract

We introduce an AK spatial growth model with a general geographical structure. The dynamics of the economy is described by a partial differential equation on a Riemannian manifold. The morphology interacts with the spatial dynamics of the capital and is one determinant of the qualitative behavior of the economy. We characterize the conditions on the geographical structure that guarantee convergence of the detrended capital across locations in the long run, and those inducing spatial capital agglomeration.
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hal-01446208 , version 1 (25-01-2017)

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Giorgio Fabbri. Geographical structure and convergence: A note on geometry in spatial growth models. Journal of Economic Theory, 2016, 162 (C), pp.114--136. ⟨10.1016/j.jet.2015.12.004⟩. ⟨hal-01446208⟩

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