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Modelling of Agglomeration and Dispersion in RHOMOLO

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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.
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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