Showing 1 - 10 of 68
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/10013058839
We study decision-making by a regional authority (RA) that uses enterprise zones to attractmembers of the creative class---referred to as entrepreneurs---to its region. The enterprise zonesprovide a local public good (LPG) 𝐿 to entrepreneurs who become members. First, we computethe utility...
Persistent link: https://www.econbiz.de/10013241842
The notion of resilience originated in the ecology literature in the modern or post-World War II era. Even so, this term has now found widespread use in the social sciences in general and in regional science in particular. Although this expansion in the use of resilience is welcome, it...
Persistent link: https://www.econbiz.de/10013242068
There are no theoretical studies in regional science that examine which region to locate in from the standpoint of a creative class member, given that the pertinent regional authorities (RAs) are competing among themselves to attract the creative class using subsidies. This gap provides the...
Persistent link: https://www.econbiz.de/10013322803
We theoretically analyze some properties of the technology gap between leading and lagging regions studied recently by Batabyal and Nijkamp (2013). New technologies are developed in the leading region. The lagging region does not conduct research and development (R&D) but uses the leading...
Persistent link: https://www.econbiz.de/10014153398
We analyze a two-sector model of a trading creative regional economy (TCRE) of the sort studied by Florida. Our analysis focuses on two cases. The first (second) case concerns the impact of faster neutral (non-neutral) productivity growth in the tradable sector on the employment of creative...
Persistent link: https://www.econbiz.de/10014200338
We analyze a two-period signaling model in which a representative entrepreneur in a regional economy has a project that generates a random cash flow and that requires investment that the entrepreneur raises from a competitive market. The project's type is known to the entrepreneur but not to the...
Persistent link: https://www.econbiz.de/10013118891
We use a multi-region model and provide the first theoretical analysis of the effects of human capital use and a particular kind of innovative activity on economic growth. In each of the N heterogeneous regions in our model, consumers have constant relative risk aversion preferences, there are...
Persistent link: https://www.econbiz.de/10013102492
We provide what to the best of our knowledge is the first theoretical analysis of the total effects of human capital use, innovative activity, and patent protection, on economic growth in a model with many regions. In each region, consumers have constant relative risk aversion preferences, there...
Persistent link: https://www.econbiz.de/10013103536
We theoretically analyze unbalanced growth in an urban economy arising from the preferences of the creative class concerning the relative desirability of agricultural, manufacturing, and service goods. We study two cases. In the first case, the production functions for the three categories of...
Persistent link: https://www.econbiz.de/10013108116