We analyze two theoretical models of the connections between physical capital mobility, education in and the quality of creative capital, and the production of output in a region that is creative in the sense of Richard Florida. Our first model focuses on a single region which produces a...

We analyze two theoretical models of the connections between physical capital mobility, education in and the quality of creative capital, and the production of output in a region that is creative in the sense of Richard Florida. Our first model focuses on a single region which produces a...

We describe the theoretical and empirical contributions that rigorous economic analysis can make in improving our comprehension of the important issues pertaining to environmental protection in the presence of international trade. We do this by studying and summarizing the scholarly...

We describe the theoretical and empirical contributions that rigorous economic analysis can make in improving our understanding of the salient issues relating to environmental protection in the presence of international trade. We do this by analyzing and summarizing the intellectual...

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...