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We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity …=r ̇=0. Third, we investigate whether the economy of our creative region has a balanced growth path (BGP). Finally …
Persistent link: https://www.econbiz.de/10012910586
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 …. First, we show that in the so called balanced growth path (BGP) equilibrium, growth is unbalanced because R&D takes place …
Persistent link: https://www.econbiz.de/10012964161
We study economic growth and investment income taxation in a region that is creative in the sense of Richard Florida … leads to three results. First, we derive an analytic expression that links the growth rate of the relative price of physical … capital goods to the growth rate of physical capital in the consumption goods sector. Second, we highlight the connection …
Persistent link: https://www.econbiz.de/10013022733
We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity …=r ̇=0. Third, we investigate whether the economy of our creative region has a balanced growth path (BGP). Finally …
Persistent link: https://www.econbiz.de/10012949724
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 …. First, we show that in the so called balanced growth path (BGP) equilibrium, growth is unbalanced because R&D takes place …
Persistent link: https://www.econbiz.de/10012982867
We study economic growth and investment income taxation in a region that is creative in the sense of Richard Florida … leads to three results. First, we derive an analytic expression that links the growth rate of the relative price of physical … capital goods to the growth rate of physical capital in the consumption goods sector. Second, we highlight the connection …
Persistent link: https://www.econbiz.de/10014036522
We study the effects of learning by doing resulting from the production of a final good on economic growth in a region …. We model learning by doing formally and our analysis of the working of this creative region leads to four results. First …, we derive analytic expressions for the growth rates of physical capital and technology. Second, we draw phase diagrams …
Persistent link: https://www.econbiz.de/10010930957
We analyze a two-period signaling model in which a representative entrepreneur in a regional economy has a project that …
Persistent link: https://www.econbiz.de/10010886101
We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a … questions. First, we determine the long run growth rate of output per human capital unit in the leading region. Second, we … long run growth rate of output per human capital unit in the lagging region. Third, for specific parameter values, we …
Persistent link: https://www.econbiz.de/10011491966
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … possibilities frontier that is consistent with balanced economic growth. Third, we derive the growth rate of the ith region in the …
Persistent link: https://www.econbiz.de/10011491971