Existence, uniqueness, and computation of short-run and long-run equilibria of the Dixit–Stiglitz–Krugman model in an urban setting

作者:

Highlights:

• The Dixit–Stiglitz–Krugman model is studied in an urban setting.

• The model has a unique short-run equilibrium.

• The model has a unique long-run equilibrium.

• Short-run equilibria are obtained numerically.

摘要

•The Dixit–Stiglitz–Krugman model is studied in an urban setting.•The model has a unique short-run equilibrium.•The model has a unique long-run equilibrium.•Short-run equilibria are obtained numerically.

论文关键词:Dixit–Stiglitz–Krugman model,Short-run equilibrium,Long-run equilibrium,Urban setting,Fixed point theorem

论文评审过程:Available online 13 March 2014.

论文官网地址:https://doi.org/10.1016/j.amc.2014.02.014