Quotation Commendatore, Pasquale, Kubin, Ingrid, Sushko, Iryna. 2015. Typical bifurcation scenario in a three region identical new economic geography model. Mathematics and Computers in Simulation 108 S. 63-80.


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Abstract

We study global dynamics of the New Economic Geography model which describes spatial distribution of industrial activity in the long run across three identical regions depending on the balancing of agglomeration and dispersion forces. It is defined by a two-dimensional piecewise smooth map depending on four parameters. Based on the numerical evidence we discuss typical bifurcation scenarios observed in the model: starting from the symmetric fixed point (related to equal distribution of the industrial activity in all the three regions) two different scenario are realized depending on whether the transportation cost parameter is increased or decreased. Emergence of the Wada basins of coexisting attractors leading to the so-called final state sensitivity is discussed, as well as final bifurcation of the chaotic attractor.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Mathematics and Computers in Simulation
Citation Index SCI
Language English
Title Typical bifurcation scenario in a three region identical new economic geography model
Volume 108
Year 2015
Page from 63
Page to 80
Reviewed? Y
DOI http://dx.doi.org/10.1016/j.matcom.2014.01.004

Associations

Projects
COST Action IS1104: The EU in the new economic complex geography
People
Kubin, Ingrid (Details)
External
Commendatore, Pasquale (University of Naples 'Federico II', Italy)
Sushko, Iryna
Organization
Research Institute for International Taxation FI (Details)
Institute for International Economics and Development IN (Details)
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