Quotation Commendatore, Pasquale, Kubin, Ingrid, Sushko, Iryna. 2018. Dynamics of a developing economy with a remote region: Agglomeration, trade integration and trade patterns. Communications in Nonlinear Science and Numerical Simulation. 58, 303-327.


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Abstract

We consider a three-region developing economy with poor transport infrastructures. Two models are related to different stages of development: in the first all regions are autar- kic; in the second two of the regions begin to integrate with the third region still not accessible to trade. The properties of the two models are studied also considering the in- terplay between industry location and trade patterns. Dynamics of these models are de- scribed by two-dimensional piecewise smooth maps, characterized by multistability and complex bifurcation structure of the parameter space. We obtain analytical results related to stability of various fixed points and illustrate several bifurcation structures by means of two-dimensional bifurcation diagrams and basins of coexisting attractors.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Communications in Nonlinear Science and Numerical Simulation.
Citation Index SSCI
Language English
Title Dynamics of a developing economy with a remote region: Agglomeration, trade integration and trade patterns
Volume 58
Year 2018
Page from 303
Page to 327
Reviewed? Y
DOI http://dx.doi.org/10.1016/j.cnsns.2017.04.006

Associations

Projects
COST Action IS1104: The EU in the new economic complex geography
People
Kubin, Ingrid (Details)
External
Commendatore, Pasquale (Dept. of Law, University of Naples `Federico II¿, Italy)
Sushko, Iryna (Institute of Mathematics, National Academy of Sciences of Ukraine, Ukraine)
Organization
Department of Economics DP (Details)
Institute for International Economics and Development IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5304 Labour market research (Details)
5335 Political economic theory (Details)
5343 Economic theory (Details)
5344 Foreign trade (Details)
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