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...

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...

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...

We analyze a two-sector model of a trading creative regional economy (TCRE) of the sort studied by Florida. Our analysis focuses on two cases. The first (second) case concerns the impact of faster neutral (non-neutral) productivity growth in the tradable sector on the employment of creative...

We provide what to the best of our knowledge is the first theoretical analysis of the total effects of human capital use, innovative activity, and patent protection, on economic growth in a model with many regions. In each region, consumers have constant relative risk aversion preferences, there...

We study some measurement issues that arise when analyzing the long run behavior of the jth creative region's time t log output per creative class member (y_j(t)) when this region is part of an aggregate economy of j = 1, …, N creative regions. We focus first (second) on absolute (relative)...

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...

We analyze the economic growth related effects of learning by doing in a region that is creative in the sense of Richard Florida. Firms in this region use physical and creative capital to produce output. We model learning by doing and our analysis of the working of this creative region leads to...

We study some measurement issues that arise when analyzing the long run behavior of the jth creative region's time t log output per creative class member (y_j (t)) when this region is part of an aggregate economy of j=1,…,N creative regions. We focus first (second) on absolute (relative)...