Existence and Uniqueness of Solutions to the Wage Equation of Dixit-Stiglitz-Krugman Model with No Restriction on Transport Costs
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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Hindawi Limited
2017-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2017/9341502 |