Spatial Allocation of Economy as a Fiber Bundle
18 Pages Posted: 22 Aug 2012 Last revised: 16 Jul 2014
Date Written: August 22, 2012
This paper considers the approach to specification and modeling of transport influence on spatial allocation of economy, which is essentially new for economics. By applying the concept of fiber bundle, a general model of spatial allocation of market with regard to transport costs is developed. Corresponding mathematical formulation of model equilibrium condition and transition dynamics is stated based on the principle of least action and gauge invariance. Further development of obtained theoretical results within the framework is reviewed.
Keywords: transport costs, market allocation in space, fiber bundle, gauge model
JEL Classification: С69, R12, R49
Suggested Citation: Suggested Citation