Abstract (EN):
We determine the properties of the core-periphery model with three regions and compare our results with those of the standard 2-region model. The conditions for the stability of dispersion and concentration are established. As in the 2-region model, dispersion and concentration can be simultaneously stable. We show that the 3-region (2-region) model favours the concentration (dispersion) of economic activity. Furthermore, we provide some results for the n-region model. We show that the stability of concentration of the 2-region model implies that of any model with an even number of regions.
Language:
English
Type (Professor's evaluation):
Scientific
Contact:
sdcastro@fep.up.pt; joao@fep.up.pt; p.mossay@reading.ac.uk
No. of pages:
19