Showing 1 - 10 of 42
We study the effects of patent protection on economic growth in the ith region when this ith region is part of an aggregate economy of i=1,...,N regions. The regulatory authority in the ith region attempts to curtail the monopoly power of patent holding input producers by requiring them to...
Persistent link: https://www.econbiz.de/10012960371
We study the effects of patent protection on economic growth in the ith region when this ith region is part of an aggregate economy of i=1,...,N regions. The regulatory authority in the ith region attempts to curtail the monopoly power of patent holding input producers by requiring them to...
Persistent link: https://www.econbiz.de/10012999043
Using a dual structure depicting a developing economy, this paper shows that an increase in asset inequality can lead to wage inequality between skilled and unskilled labor. In addition, increasing asset inequality raises the luxury goods price and hence the unemployment ratio. These effects...
Persistent link: https://www.econbiz.de/10010679311
We analyze the impact of preference matching and income on the distribution of the population in an aggregate economy of an urban and an adjacent rural region. It costs more (less) to live in the urban (rural) region. Individuals choose to live either in the urban or in the rural region. They...
Persistent link: https://www.econbiz.de/10012861174
We analyze the impact of preference matching and income on the distribution of the population in an aggregate economy consisting of an urban and an adjacent rural region. It costs more (less) to live in the urban (rural) region. Individuals choose freely to live either in the urban or in the...
Persistent link: https://www.econbiz.de/10012892060
We introduce international labor mobility in a three-sector general equilibrium model with rural-urban migration. We demonstrate that under some reasonable conditions an inflow of foreign skilled labor (capital) can reduce skilled-unskilled wage inequality
Persistent link: https://www.econbiz.de/10014051207
We focus on an aggregate economy of two nearby cities A and B and study whether it is possible for the leviathan governments in these two cities to use taxes τA and τB to attract members of the so-called creative class. The creative class population is fixed and members locate either in city A...
Persistent link: https://www.econbiz.de/10014346464
We study aspects of economic growth in a region that is creative a la Richard Florida. Members of the creative class possess creative capital and they fall into one of two possible groups---they are either artists or engineers. We describe the optimal income redistribution rule that maximizes...
Persistent link: https://www.econbiz.de/10012920799
We analyze a model of trade between J heterogeneous regions that are creative in the sense of Richard Florida. There are two non-traded final goods that are used for consumption and investment. There is a continuum of inputs that are freely traded between the creative regions. There is no...
Persistent link: https://www.econbiz.de/10012977899
We analyze the impact that stochastically occurring innovations have on Schumpeterian economic growth in a region that is creative in the sense of Richard Florida. Our analysis leads to four findings. First, we delineate the so called balanced growth path (BGP) equilibrium and then compute the...
Persistent link: https://www.econbiz.de/10013009356