Spatial variables in cities and transportation impact global economy equilibrium.
The article examines how factors like city size and transportation impact the economy's stability, specifically the speed at which money circulates. By studying data from 64 countries between 1978-1991, the researchers found that variables like population density and railway usage significantly affect economic output and prices. They also discovered that the amount of money in circulation can be influenced by these spatial factors, leading to changes in the overall economic equilibrium.