Arbeitspapier
On quantitative spatial economic models
Quantitative spatial economics (QSE) specifies various components such as preferences, production technology, and frictions for the movement of goods, people, and ideas. Despite the long literature on endogenous location decisions, the question of how these specifications affect resulting spatial equilibria has not been systematically explored. In this paper we start with workhorse models of QSE based on different specifications of preferences and show that spatial equilibria in those models can be generated using the conditional logit model by McFadden (1974). Our result suggests that existing models of QSE have a common origin in one of the oldest location choice models.
- Language
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Englisch
- Bibliographic citation
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Series: Document de travail ; No. 2018-17
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
-
Behrens, Kristian
Murata, Yasusada
- Event
-
Veröffentlichung
- (who)
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Université du Québec à Montréal, École des sciences de la gestion (ESG UQAM), Département des sciences économiques
- (where)
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Montréal
- (when)
-
2018
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Behrens, Kristian
- Murata, Yasusada
- Université du Québec à Montréal, École des sciences de la gestion (ESG UQAM), Département des sciences économiques
Time of origin
- 2018
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