This study proposes an economic growth model with perfectly competitive and monopolistic competitive market structures. Our model is based on two core models in two mainstreams of economic theories. One is the Solow model in neoclassical growth theory. The other one is the Dixit-Stiglitz model...

The purpose of this paper is to examine dynamic interdependence between wealth accumulation, capital accumulation, economic structure, domestic and global division of labor, international trade and environmental change with transboundary pollution. It analyzes not only inequalities in income,...

The purpose of this study is to introduce tourism, externalities, and public goods to a small-open growth with endogenous wealth and public goods supply. We develop the model on the basis of the Solow-Uzawa growth model, the neoclassical neoclassical growth theory with externalities, and ideas...

This paper proposes a dynamic economic model with wealth accumulation and human capital accumulation with endogenous education. In addition to learning by education like in the Uzawa-Lucas model, we also consider Arrow’s learning by producing and Zhang’s learning by consuming (creative...

The purpose of this paper is to examine dynamic interdependence between wealth accumulation, capital accumulation, economic structure, domestic and global division of labor, international trade and environmental change with transboundary pollution. It analyzes not only inequalities in income,...

This paper is concerned with dynamic interactions between population change, wealth accumulation, and resource dynamics. Our model synthesizes economic mechanisms of some well-known models within a compact framework. Wealth accumulation is built on the Solow growth model. Dynamics of birth and...

Background: Although there are many formal models about interactions among habit formation, preference change and the economic growth, only a few formal models examine implications of habit formation and preference change for the economic growth with resources. Objectives: This paper builds an...

One of the most dramatic economic transformations in modern times has been the entry of women into the labor force. The purpose of this study is to address issues related to interactions among gender differences, economic growth and education with endogenous physical and human capital...

This paper brings heterogeneous households and heterogeneous sectors in the traditional Solow-Uzawa neoclassical growth model. It is influenced by the neoclassical growth theory and the post-Keynesian theory of growth and distribution. The model deals with not only the economic structure, but...

This study deals with interactions of economic growth and environmental change with heterogeneous households. The analytical framework is built by integrating the three important theories in economics - the Walrasian general equilibrium theory, the neoclassical growth theory, and the...