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Spatial Equilibrium in Deviations

Spatial Equilibrium in Deviations
Author: Antonio Accetturo
Publisher:
Total Pages: 0
Release: 2020
Genre:
ISBN:

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In this paper, we propose a novel--and general-purpose--modeling approach. We give a linear representation of the spatial general equilibrium, expressed in terms of local percentage deviations from the benchmark case of symmetry, where all the areas in the economy are taken to be initially identical. To illustrate the flexibility of our approach, we revisit the literature on the spatial heterogeneity of local skill premia and local skill mix. We show that our approach is able to encompass a variety of alternative explanations in a simple “unifying framework.” Finally, we exploit a graphical version of the model to show how to implement empirical tests.


Cities, Agglomeration, and Spatial Equilibrium

Cities, Agglomeration, and Spatial Equilibrium
Author: Edward Ludwig Glaeser
Publisher: Oxford University Press
Total Pages: 284
Release: 2008
Genre: Business & Economics
ISBN: 019929044X

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220 million Americans crowd together in the 3% of the country that is urban. 35 million people live in the vast metropolis of Tokyo, the most productive urban area in the world. The central city of Mumbai alone has 12 million people, and Shanghai almost as many. We choose to live cheek by jowl, in a planet with vast amounts of space. Yet despite all of the land available to us, we choose to live in proximity to cities. Using economics to understand this phenomenon, the urban economist uses the tools of economic theory and empirical data to explain why cities exist and to analyze urban issues such as housing, education, crime, poverty and social interaction. Drawing on the success of his Lindahl lectures, Edward Glaeser provides a rigorous account of his research and unique thinking on cities. Using a series of simple models and economic theory, Glaeser illustrates the primary features of urban economics including the concepts of spatial equilibrium and agglomeration economies. Written for a mathematically inclined audience with an interest in urban economics and cities, the book is written to be accessible to theorists and non-theorists alike and should provide a basis for further empirical work.


Equilibrium Analysis and Its Application to Attitude Control Systems

Equilibrium Analysis and Its Application to Attitude Control Systems
Author: William N. Redisch
Publisher:
Total Pages: 132
Release: 1967
Genre: Space vehicles
ISBN:

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No theoretical technique exists yet that enables the engineer to completely determine the stability of practical complex spacecraft attitude control systems. In this dissertation, a stability approach is developed that utilizes a computer simulation in conjunction with theoretical techniques to locate the potentially troublesome regions of state space and explore their acceptability. It is shown in Part I that for general physical systems, x = f(x), all limit cycles are associated with equilibrium points that lie "inside" the limit cycles. Thus, if no equilibrium point exists in a region, then no limit cycle is contained in that region. Special properties of limit cycles and equilibrium points are discussed and illustrated. In Part II, equilibrium points are found analytically for spacecraft attitude control systems. A method is devised to determine stability near these equilibrium points. Then, instead of utilizing a uniform or random n-dimensional grid of computer initial conditions, a grid is concentrated around a few calculated points. Several practical examples of actual systems are presented. When control systems are viewed in this light, a high degree of confidence is gained from far fewer computer runs than previously needed.


Empirical Modelling in Regional Science

Empirical Modelling in Regional Science
Author: Timo Mitze
Publisher: Springer Science & Business Media
Total Pages: 345
Release: 2012-01-05
Genre: Business & Economics
ISBN: 364222900X

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Economic agents interact in structural relationships through time and space. This work starts from the empirical observation that all three dimensions, namely time, space, and structural functional forms, are important for an integrative framework of modern empirical analysis in regional science. The work thus aims at combining up-to-date econometric tools from the fields of spatial econometrics, panel time-series analysis and structural simultaneous equation modelling to analysis the different research questions at hand. Most of the topics dealt within this work start from a concrete empirical problem, while problem solving also aims at generating some new knowledge in a methodological way, e.g. by the complementary use of Monte Carlo simulation studies to compare the empirical performance of different estimators for specific data samples. Following a first introductory chapter, the work is structured in three parts addressing major issues in building up a stylized regional economic model such as interregional migration, factor and final demand estimation. All empirical applications use German regional data.