Quotation Commendatore, Pasquale, Kubin, Ingrid, Mossay, Pascal, Sushko, Iryna. 2015. Dynamic agglomeration patterns in a two-country new economic geography model with four regions. Chaos, Solitions and Fractals 79 S. 2-17.


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Abstract

We introduce a two-country New Economic Geography model with four regions. lt is defined by a 20 piecewise smooth map that depends on 8 parameters. Using reductions of this map to 10 maps defined on invariant straight lines, we obtain stability conditions of the Core-Periphery fixed points, and show how such reductions can be used to describe basins of attraction of coexisting attractors. Typical bifurcation sequences obtained when varying some parameters are discussed. We find patterns that are much richer than those observed in standard NEG models: there are more types of fixed points including fixed points attracting in Milnor's sense; their basins of attraction are quite complicated; and coexistence is pervasive.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Chaos, Solitions and Fractals
Citation Index SCI
Language English
Title Dynamic agglomeration patterns in a two-country new economic geography model with four regions
Volume 79
Year 2015
Page from 2
Page to 17
Reviewed? Y
DOI http://dx.doi.org/10.1016/j.chaos.2015.03.009

Associations

Projects
COST Action IS1104: The EU in the new economic complex geography
People
Kubin, Ingrid (Details)
External
Commendatore, Pasquale (Italy)
Mossay, Pascal (United Kingdom)
Sushko, Iryna (Ukraine)
Organization
Institute for International Economics and Development IN (Details)
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