Quah, Danny (2002) Spatial agglomeration dynamics. CEP discussion paper; CEPDP0521, 521. Centre for Economic Performance, London School of Economics and Political Science, London, UK. ISBN 0-75-301921-3
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This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and clustering. Economic activity is not concentrated on discrete isolated points but instead a dynamically- fluctuating, smooth spatial distribution. Spatial inequality is a Cass-Koopmans saddlepath, and the global distribution of economic activity converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it.
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