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Recently, Batabyal and Yoo (2003) have studied aspects of indivisible and divisible land development in a dynamic and stochastic framework. In this note, we complement the analysis in this paper by examining an aspect of the indivisible land development decision when a landowner has an...
Persistent link: https://www.econbiz.de/10014029212
We analyze the nature of research and development (R&D) that leads to Schumpeterian economic growth in a region that is creative in the sense of Richard Florida. The engine of economic growth in our creative region is process innovations that lead to quality improvements in the machines that are...
Persistent link: https://www.econbiz.de/10012964161
We analyze the nature of research and development (R&D) that leads to Schumpeterian economic growth in a region that is creative in the sense of Richard Florida. The engine of economic growth in our creative region is process innovations that lead to quality improvements in the machines that are...
Persistent link: https://www.econbiz.de/10012982867
We analyze the interactions between positive and negative externalities in innovation and trade for economic growth in … rise to positive externalities or knowledge spillovers in two ways. In this setting, we study whether and under what … is growth in the human capital stock but there are negative externalities in innovation. In this scenario, we show that …
Persistent link: https://www.econbiz.de/10013060431
This paper examines the impact of the iconic Perry Preschool Project on the children and siblings of the original participants. The children of treated participants have fewer school suspensions, higher levels of education and employment, and lower levels of participation in crime, compared with...
Persistent link: https://www.econbiz.de/10012868813
This paper examines the impact of the iconic Perry Preschool Project on the children and siblings of the original participants. The children of treated participants have fewer school suspensions, higher levels of education and employment, and lower levels of participation in crime, compared with...
Persistent link: https://www.econbiz.de/10012869048
This paper examines the impact of the iconic Perry Preschool Project on the children and siblings of the original participants. The children of treated participants have fewer school suspensions, higher levels of education and employment, and lower levels of participation in crime, compared with...
Persistent link: https://www.econbiz.de/10012479838
We analyze the interactions between positive and negative externalities in innovation and trade for economic growth in … rise to positive externalities or knowledge spillovers in two ways. In this setting, we study whether and under what … is growth in the human capital stock but there are negative externalities in innovation. In this scenario, we show that …
Persistent link: https://www.econbiz.de/10013077098
We analyze spatial spillovers in an aggregate economy consisting of a leading and a lagging region where the spillovers stem from the provision of a local public good. Specifically, if the leading region provides the public good then the lagging region obtains some spillover benefits and vice...
Persistent link: https://www.econbiz.de/10012915409
We analyze spatial spillovers in an aggregate economy consisting of a leading and a lagging region where the spillovers stem from the provision of a local public good. Specifically, if the leading region provides the public good then the lagging region obtains some spillover benefits and vice...
Persistent link: https://www.econbiz.de/10012917699