Question: If there were three regions rather than two in a New Eco- nomic Geography model, how would you describe the mi- gration dynamics? Introduce
If there were three regions rather than two in a New Eco- nomic Geography model, how would you describe the mi- gration dynamics? Introduce new variables as needed to ac- commodate the third region and explain. There is more than one way to do so. Simply propose one.
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Introduction The New Economic Geography NEG model is a theoretical framework used to analyze the spatial distribution of economic activities and migration patterns Traditionally the NEG model involves ... View full answer
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