TY - JOUR
T1 - Complexity in Environment and Space - Sensitivity on Model Specification
AU - Commendatore, Pasquale
AU - Kubin, Ingrid
AU - Sushko, Iryna
PY - 2024/4/1
Y1 - 2024/4/1
N2 - In this paper, we study the complex interaction between environmental damage and location in space of firms and entrepreneurial households. We use a New Economic Geography (NEG) framework, suitably extended to account for environmental damage and the two mobility processes. The resulting model is a two-dimensional piecewise smooth map with two constraints for each variable, and we use analytic and numerical tools to explore its long-run dynamics. We pay special attention to the different types of fixed points and the structure of the respective basins of attraction. Their complexity re-enforces a core theme of the NEG: History matters for the long run location in space of economic activity.
AB - In this paper, we study the complex interaction between environmental damage and location in space of firms and entrepreneurial households. We use a New Economic Geography (NEG) framework, suitably extended to account for environmental damage and the two mobility processes. The resulting model is a two-dimensional piecewise smooth map with two constraints for each variable, and we use analytic and numerical tools to explore its long-run dynamics. We pay special attention to the different types of fixed points and the structure of the respective basins of attraction. Their complexity re-enforces a core theme of the NEG: History matters for the long run location in space of economic activity.
UR - http://www.scopus.com/inward/record.url?scp=85188494544&partnerID=8YFLogxK
M3 - Journal article
C2 - 38506136
AN - SCOPUS:85188494544
SN - 1090-0578
VL - 28
SP - 231
EP - 260
JO - Nonlinear Dynamics, Psychology, and Life Sciences
JF - Nonlinear Dynamics, Psychology, and Life Sciences
IS - 2
ER -