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Output, Growth, and Convergence in a Creative Region : An Analysis of Some Measurement Issues
Batabyal, Amitrajeet A. - 2017
creative regions. We focus first (second) on absolute (relative) convergence. In the absolute (relative) convergence case, the … convergence case, we analyze how to estimate the speed of convergence parameter (σ) and then discuss the relationship between the … variance of y<sub>j</sub>(t) and that of y<sub>j</sub>(0). In the relative convergence case, we study the error associated with …
Persistent link: https://www.econbiz.de/10012964104
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Schumpeterian Creative Class Competition, Innovation Policy, and Regional Economic Growth
Batabyal, Amitrajeet A. - 2018
We focus on a region that is creative in the sense of Richard Florida. The creative class is broadly composed of existing and candidate entrepreneurs. The general question we analyze concerns the effects of Schumpeterian competition between existing and candidate entrepreneurs on economic growth...
Persistent link: https://www.econbiz.de/10012929207
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Positive and Negative Externalities in Innovation, Trade, and Regional Economic Growth
Batabyal, Amitrajeet A. - 2013
We analyze the interactions between positive and negative externalities in innovation and trade for economic growth in a region when this region is part of an aggregate economy consisting of two regions. In both regions consumers have constant relative risk aversion preferences, there is human...
Persistent link: https://www.econbiz.de/10013077098
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Human Capital, Knowledge Spillovers, and One Kind of Semi-Endogenous Regional Economic Growth
Batabyal, Amitrajeet A.; Beladi, Hamid - 2013
We study the implications of the interaction between human capital and knowledge spillovers for one kind of semi-endogenous economic growth in a region. We focus on two cases. In the first (second) case, there is no growth (growth) in the stock of human capital but knowledge spillovers are...
Persistent link: https://www.econbiz.de/10014039518
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Regional stabilization by fiscal equalization? : Theoretical considerations and empirical evidence from Germany
Büttner, Thiess - 1999
In the context of EMU fiscal equalization schemes have been proposed as a means to stabilize regions against asymmetric shocks. A theoretical analysis shows that besides reducing the cross-sectional income variance the redistributive element of fiscal equalization causes incentive effects for...
Persistent link: https://www.econbiz.de/10013428245
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Local networks and regional development : features and perspectives
Nicolini, Rosella - 2000
Persistent link: https://www.econbiz.de/10001492518
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Regional growth and regional decline
Breinlich, Holger; Ottaviano, Gianmarco I. P.; Temple, … - 2013
Persistent link: https://www.econbiz.de/10009777644
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Aggregate production functions and the accounting identity critique : further reflections on Temple's criticisms and misunderstandings
Felipe, Jesus; McCombie, John S. L. - 2012
In a reply to Felipe and McCombie (2010a), Temple (2010) has largely ignored the main arguments that underlie the accounting identity critique of the estimation of production functions using value data. This criticism suggests that estimates of the parameters of aggregate production functions...
Persistent link: https://www.econbiz.de/10009530284
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Opposition to capital market opening
Engler, Philipp; Wulff, Alexander - 2011
We employ a neoclassical growth model to assess the impact of financial liberalization in a developing country on capital owners` and workers` consumption and welfare. We find in a baseline calibration for an average non-OECD country that capitalists suffer a 42 percent reduction in permanent...
Persistent link: https://www.econbiz.de/10009302997
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The economics of inclusion : building an argument for a shared society
Valenti, Michael A.; Giovannoni, Olivier - 2013
This paper presents a review of the literature on the economics of shared societies. As defined by the Club de Madrid, shared societies are societies in which people hold an equal capacity to participate in and benefit from economic, political, and social opportunities regardless of race,...
Persistent link: https://www.econbiz.de/10009704290