The Existence and Uniqueness of Global Solutions to the Initial Value Problem for the System of Nonlinear Integropartial Differential Equations in Spatial Economics: The Dynamic Continuous Dixit-Stiglitz-Krugman Model in an Urban-Rural Setting
Assume that economic activities are conducted in a bounded continuous domain where workers move toward regions that offer higher real wages and away from regions that offer below-average real wages. The density of real wages is calculated by solving the nominal wage equation of the continuous Dixit-...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Hindawi Limited
2015-01-01
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| Series: | Abstract and Applied Analysis |
| Online Access: | http://dx.doi.org/10.1155/2015/760136 |