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Existence and Uniqueness of Solutions to the Wage Equation of Dixit-Stiglitz-Krugman Model with No Restriction on Transport Costs
Joint Authors
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2017, Issue 2017 (31 Dec. 2017), pp.1-7, 7 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2017-07-11
Country of Publication
Egypt
No. of Pages
7
Main Subjects
Abstract EN
In spatial economics, the distribution of wages is described by a solution to the wage equation of Dixit-Stiglitz-Krugman model.
The wage equation is a discrete equation that has a double nonlinear singular structure in the sense that the equation contains a discrete nonlinear operator whose kernel itself is expressed by another discrete nonlinear operator with a singularity.
In this article, no restrictions are imposed on the maximum of transport costs of the model and on the number of regions where economic activities are conducted.
Applying Brouwer fixed point theorem to this discrete double nonlinear singular operator, we prove sufficient conditions for the wage equation to have a solution and a unique one.
American Psychological Association (APA)
Tabata, M.& Eshima, Nobuoki. 2017. Existence and Uniqueness of Solutions to the Wage Equation of Dixit-Stiglitz-Krugman Model with No Restriction on Transport Costs. Discrete Dynamics in Nature and Society،Vol. 2017, no. 2017, pp.1-7.
https://search.emarefa.net/detail/BIM-1151943
Modern Language Association (MLA)
Tabata, M.& Eshima, Nobuoki. Existence and Uniqueness of Solutions to the Wage Equation of Dixit-Stiglitz-Krugman Model with No Restriction on Transport Costs. Discrete Dynamics in Nature and Society No. 2017 (2017), pp.1-7.
https://search.emarefa.net/detail/BIM-1151943
American Medical Association (AMA)
Tabata, M.& Eshima, Nobuoki. Existence and Uniqueness of Solutions to the Wage Equation of Dixit-Stiglitz-Krugman Model with No Restriction on Transport Costs. Discrete Dynamics in Nature and Society. 2017. Vol. 2017, no. 2017, pp.1-7.
https://search.emarefa.net/detail/BIM-1151943
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1151943