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Agglomeration patterns in a long narrow economy of a new economic geography model: Analogy to a racetrack economy
Author(s) -
Ikeda Kiyohiro,
Murota Kazuo,
Akamatsu Takashi,
Takayama Yuki
Publication year - 2017
Publication title -
international journal of economic theory
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.351
H-Index - 11
eISSN - 1742-7363
pISSN - 1742-7355
DOI - 10.1111/ijet.12120
Subject(s) - economies of agglomeration , megalopolis , urban agglomeration , economics , economic geography , shadow (psychology) , economy , core (optical fiber) , analogy , mechanism (biology) , microeconomics , physics , psychology , linguistics , philosophy , optics , psychotherapist , quantum mechanics
The mechanism of self‐organization of agglomerations in a long narrow economy of a new economic geography model is elucidated by a theoretical comparative study with a racetrack economy. Computational bifurcation theory is used to systematically obtain the equilibria of these economies. A chain of spatially repeated core–periphery patterns à la Christaller and Lösch emerges when agglomeration forces are large. Peripheral zones are enlarged recurrently to engender an agglomeration shadow en route to an atomic mono‐center. A megalopolis with two core places connected by an industrial belt emerges when agglomeration forces are small.