© 1993

Nonlinear Economic Dynamics


Table of contents

  1. Front Matter
    Pages I-X
  2. Tönu Puu
    Pages 1-9
  3. Tönu Puu
    Pages 10-31
  4. Tönu Puu
    Pages 32-43
  5. Tönu Puu
    Pages 44-85
  6. Tönu Puu
    Pages 86-128
  7. Tönu Puu
    Pages 129-169
  8. Tönu Puu
    Pages 170-204
  9. Tönu Puu
    Pages 205-217
  10. Back Matter
    Pages 218-222

About this book


The present study deals with nonlinear economic dynamics, with which the author has been concerned the last years. It grew out from the joint work by Professor Martin Beckmann and the present author on nonlinear statics in spatial economics, Beckmann and Pull, "Spatial Economics" (N orth-Holland 1985), later followed by its companion, Beckmann and Puu "Spatial Structures" (Springer-Verlag 1990). The first mono­ graph mentioned contains sections on price waves and business cycles, but in a linear format. The rest is static theory. The author has finally come to the conviction that linear dynamic modelling has very little to yield. This is due to the poor set of alternatives -decay or explosion of motion -pertinent to linear models. Therefore, the present work centres on non-linearity. Another distinction is that only purely causal models are dealt with, as those formatted as inter-temporal equilibria hardly belong to the more restricted field of dynamics. The spatial origin is visible in the choice of models. Chapters 1 and 2 summarize the work by the author on the structural stability of continuous spatial market eqUilibrium models. Chapter 3 deals with a re-formulation of the ingenious population growth and diffusion model invented by the young Hotelling in 1921. Chapter 4 is a detailed digression on business cycle models in a continuous spatial format with inter-regional trade.


Bifurcations Chaos Chaostheorie Dynamische Wirtschaftstheorie Spatial Pattern Formation business cycle economic dynamics economic theory equilibrium modeling population population dynamics simulation simulations

Authors and affiliations

  1. 1.Department of EconomicsUmeå UniversityUmeåSweden

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