Physical Sciences and Mathematics Commons^™

On An Econophysics Model, Miron Kaufman

Turkish Journal of Physics

Krugman has proposed a continuous in time and space model for the emergence of polycentric urban areas in the regional space. By using a discrete version of this model on spatial networks, we predicted the distribution of jobs among the different localities inside a couple of economic regions in Ohio and Texas. The time evolution of the distribution of jobs is governed by a market potential. Employment gradually moves towards locations considered relatively attractive if their market potential is above the spatial average. Similarly, jobs move away from locations with below-average market potential. First, I will show that the market …