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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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https://hal-amu.archives-ouvertes.fr/hal-01446208
Contributor : Patrice Cacciuttolo <>
Submitted on : Wednesday, January 25, 2017 - 4:33:22 PM
Last modification on : Wednesday, August 5, 2020 - 3:08:26 AM

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  • HAL Id : hal-01446208, version 1

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

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