The present paper describes the strategy of modelling endogenous location
taken in the newly developed dynamic spatial general equilibrium model
RHOMOLO. The model incorporates three mechanisms of endogenous location:
mobility of capital, mobility of labour, and vertical linkages of
intermediate goods. The spatial equilibrium in RHOMOLO is an outcome of
optimisation involving many dispersion/agglomeration forces and channels of
adjustment.
DI COMITE Francesco;
KANCS D'Artis;
2014-10-01
Publications Office of the European Union
JRC81349
978-92-79-34772-6,
1831-9424,
EUR 26352,
OP LF-NA-26352-EN-N,
https://publications.jrc.ec.europa.eu/repository/handle/JRC81349,
10.2791/54793,
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