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Urban population has been growing consistently worldwide, with large metropolitan areas experiencing expansion phenomena both in terms of population and extension. Naturally, these processes did not occur homogeneously throughout the territories. Through the last decade, population in suburbs...
Persistent link: https://www.econbiz.de/10010740411
We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the leading...
Persistent link: https://www.econbiz.de/10011075813
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where i=1,...,N, our analysis leads to five findings. First, we define the balanced growth path (BGP) allocations and the equilibrium...
Persistent link: https://www.econbiz.de/10011075868