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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 six findings. First, we define the balanced growth path (BGP) allocations and the...
Persistent link: https://www.econbiz.de/10011154871
It is clear that the future of the transport sector is fraught withuncertainties, as the system can be influenced by many factors thatcan develop in various ways. The aim of this paper is to gain insightinto the future development of the transportation sector. It presentsthe development of the...
Persistent link: https://www.econbiz.de/10011256537
This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...
Persistent link: https://www.econbiz.de/10011257165
Persistent link: https://www.econbiz.de/10008624701
The relationship between globalization and transport volumes is complex because of many causes. Rising incomes, more leisure time, new technologies and the ageing of the population are just a few examples of trends that will influence the future development of the transport sector in terms of...
Persistent link: https://www.econbiz.de/10010692487
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/10010698364
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/10010849034
Goods are often allocated publically by means of queuing processes in developing countries. In such situations, which group of citizens should a corrupt government official favor? In addition, what should be the basis for this favoritism? To the best of our knowledge, these salient questions...
Persistent link: https://www.econbiz.de/10010629441
<title/> This article considers the development of the international transport sector based on four globalization scenarios. These four images of the future transportation market are constructed at three different levels (global, European and Dutch). The possible consequences of these scenarios are...
Persistent link: https://www.econbiz.de/10010975714
How should one manage the problem of resistance to antibiotics and pesticides? The formal modeling of this question is very much in its infancy. Therefore, we construct a dynamic and stochastic model of antibiotic or pesticide use to investigate the relative merits of two kinds of treatment...
Persistent link: https://www.econbiz.de/10010949620