Our objective in this special issue is twofold. First, we emphasize the importance of comprehending that the global impacts of climate change notwithstanding, there are salient region-specific impacts that vary across space. Second, given this observation, we show how rigorous modeling of the...

Our objective in this special issue is twofold. First, we emphasize the importance of comprehending that the global impacts of climate change notwithstanding, there are salient region-specific impacts that vary across space. Second, given this observation, we show how rigorous modeling of the...

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...

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...