IGB

Connexion

(Article of periodic en Anglais - 1984)

Document title

General competitive equilibrium of the spatial economy

Authors(s) and Affiliation(s)

MAZZOLENI P. ; MONTESANO A. ;

Abstract

The spatial economy is analyzed in the general equilibrium framework by considering the production and the utility functions depending on spatial distribution and sets. The geometric constraint between the location and the extension of goods supplies the equilibrium condition for space. The existence of an equilibrium is demonstrated by extending the Gale-Nikaido theorem to the case under examination. Consequently, the competitive equilibrium, exists, under the assumptions of the theorem, although each point of space is heterogeneous with any other point (because of the different location): the existence is allowed by the perfect partibility of space.

Source

Article of periodic

published at : Regional science and urban economics Amsterdam

Editor :

Millesime : 1984, vol. 14, no3 [pp. 285-302]

Bibliographic references : 11 réf.

Language

Anglais

Refdoc record number (ud4) : 12278051 : Permanent link - XML version
Powered by Pxxo