For an even number of firms with identical transport cost, spatial Cournot competition in a circular city generates a continuum of equilibria. We establish that any transport cost differential between the firms, however small, may eliminate all the equilibria, except the partial agglomeration...

For an even number of firms with identical transport cost, spatial Cournot competition in a circular city generates a continuum of equilibria. We establish that any transport cost differential between the firms, however small, may eliminate all the equilibria, except the partial agglomeration...

This paper examines the impact of geography, access, urbanization, and trade on per capita GDP in developing countries. Based on data from the World Bank and using a sample of sixty-six developing economies, we find that per capita GDP is linearly dependent upon geography and access as measured...