Dynamics of a developing economy with a remote region: Agglomeration, trade integration and trade patterns

Pasquale Commendatore; Ingrid Kubin; Iryna Sushko

doi:10.1016/j.cnsns.2017.04.006

Dynamics of a developing economy with a remote region: Agglomeration, trade integration and trade patterns

Pasquale Commendatore, Ingrid Kubin, Iryna Sushko

Department of Economics (Becker)

Publication: Scientific journal › Journal article › peer-review

Abstract

We consider a three-region developing economy with poor transport infrastructures. Two models are related to different stages of development: in the first all regions are autar- kic; in the second two of the regions begin to integrate with the third region still not accessible to trade. The properties of the two models are studied also considering the in- terplay between industry location and trade patterns. Dynamics of these models are de- scribed by two-dimensional piecewise smooth maps, characterized by multistability and complex bifurcation structure of the parameter space. We obtain analytical results related to stability of various fixed points and illustrate several bifurcation structures by means of two-dimensional bifurcation diagrams and basins of coexisting attractors.

Original language	English
Pages (from-to)	303 - 327
Journal	Communications in Nonlinear Science and Numerical Simulation.
Volume	58
DOIs	https://doi.org/10.1016/j.cnsns.2017.04.006
Publication status	Published - 2018

Austrian Classification of Fields of Science and Technology (ÖFOS)

502001 Labour market policy
502047 Economic theory
502003 Foreign trade

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10.1016/j.cnsns.2017.04.006Licence: Unspecified

COST Action IS1104: The EU in the new economic complex geography
Kubin, I. (PI - Project head)
22/03/12 → 21/09/16
Project: Research funding

Cite this

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title = "Dynamics of a developing economy with a remote region: Agglomeration, trade integration and trade patterns",

abstract = "We consider a three-region developing economy with poor transport infrastructures. Two models are related to different stages of development: in the first all regions are autar- kic; in the second two of the regions begin to integrate with the third region still not accessible to trade. The properties of the two models are studied also considering the in- terplay between industry location and trade patterns. Dynamics of these models are de- scribed by two-dimensional piecewise smooth maps, characterized by multistability and complex bifurcation structure of the parameter space. We obtain analytical results related to stability of various fixed points and illustrate several bifurcation structures by means of two-dimensional bifurcation diagrams and basins of coexisting attractors.",

author = "Pasquale Commendatore and Ingrid Kubin and Iryna Sushko",

year = "2018",

doi = "10.1016/j.cnsns.2017.04.006",

language = "English",

volume = "58",

pages = "303 -- 327",

journal = "Communications in Nonlinear Science and Numerical Simulation.",

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T1 - Dynamics of a developing economy with a remote region: Agglomeration, trade integration and trade patterns

AU - Commendatore, Pasquale

AU - Kubin, Ingrid

AU - Sushko, Iryna

PY - 2018

Y1 - 2018

N2 - We consider a three-region developing economy with poor transport infrastructures. Two models are related to different stages of development: in the first all regions are autar- kic; in the second two of the regions begin to integrate with the third region still not accessible to trade. The properties of the two models are studied also considering the in- terplay between industry location and trade patterns. Dynamics of these models are de- scribed by two-dimensional piecewise smooth maps, characterized by multistability and complex bifurcation structure of the parameter space. We obtain analytical results related to stability of various fixed points and illustrate several bifurcation structures by means of two-dimensional bifurcation diagrams and basins of coexisting attractors.

AB - We consider a three-region developing economy with poor transport infrastructures. Two models are related to different stages of development: in the first all regions are autar- kic; in the second two of the regions begin to integrate with the third region still not accessible to trade. The properties of the two models are studied also considering the in- terplay between industry location and trade patterns. Dynamics of these models are de- scribed by two-dimensional piecewise smooth maps, characterized by multistability and complex bifurcation structure of the parameter space. We obtain analytical results related to stability of various fixed points and illustrate several bifurcation structures by means of two-dimensional bifurcation diagrams and basins of coexisting attractors.

U2 - 10.1016/j.cnsns.2017.04.006

DO - 10.1016/j.cnsns.2017.04.006

M3 - Journal article

SN - 1007-5704

VL - 58

SP - 303

EP - 327

JO - Communications in Nonlinear Science and Numerical Simulation.

JF - Communications in Nonlinear Science and Numerical Simulation.

ER -

Dynamics of a developing economy with a remote region: Agglomeration, trade integration and trade patterns

Abstract

Austrian Classification of Fields of Science and Technology (ÖFOS)

Access to Document

Projects

COST Action IS1104: The EU in the new economic complex geography

Cite this