Abstract
I introduce non-perfect substitutability between products into the spatial Bertrand model. I show that if goods are complements, the firms always agglomerate. If goods are substitutes, the firms agglomerate if the transportation costs are not too high.
Lingua originale | Inglese |
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pagine (da-a) | 103-108 |
Rivista | Letters in Spatial and Resource Sciences |
Volume | 6 |
DOI | |
Stato di pubblicazione | Pubblicato - 2013 |
Keywords
- differentiation principle