Citation

Discussion Paper Details

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Title: Spatial Agglomeration Dynamics

Author(s): Danny Quah

Publication Date: February 2002

Keyword(s): cluster, continuous space, convergence, distribution dynamics, globalization, growth, Knowledge, saddlepath dynamics, spatial inequality and spatial spillovers

Programme Area(s): International Macroeconomics

Abstract: 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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Bibliographic Reference

Quah, D. 2002. 'Spatial Agglomeration Dynamics'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=3208