Spatial Interaction Modelling Embracing Microeconomics
Which model framework in the spatial interaction tradition seems to have been the first that explicitly applied equilibrium concepts? Which paper most clearly points the way towards the eventual objective of this book — the enrichment of spatial interaction models by concepts from microeconomics? It is clearly the equilibrium model of Harris and Wilson (1978), introduced in Chap. 1. The objective here, guided by the classical applications of microeconomics in space summarised in Chap. 2, is to re-interpret the Harris/Wilson equilibrium framework in terms of short run and long run equilibria in economics.
KeywordsDemand Function Base Period Supply Function Intraindustry Trade Nest Logit Model
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