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Complete versions of this CEP discussion paper are available in
Zipped (Type1) Postscript [116k],
(ordinary) PDF
[14 pages, 119k],
or
(publication) PDF [114k]
formats.
It is also
CEPR DP#3208.
Published: American Economic Review Papers and Proceedings May
2002, vol. 92 no. 2, pp. 247--252
CEP DISCUSSION PAPER NO.521 February 2002
Technology and Growth
Spatial Agglomeration Dynamics
D. Quah
This paper develops a model of economic growth and activity
locating endogenously on a 3-dimensional featureless global geography.
The same economic forces influence simultaneously growth,
convergence, and spatial agglomeration and clustering.
Economic activity is not concentrated on discrete isolated
points but instead a dynamically-fluctuating, smooth
spatial distribution.
Spatial inequality is a Cass-Koopmans saddlepath,
and
the global distribution of economic activity converges
towards egalitarian growth.
Equality is stable but spatial inequality is needed to
attain it.
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