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factors and economic growth in the Italian regions. We construct a three-sector semi-endogenous growth model with negative … constraints on the translation of innovation into economic growth. The paper suggests that policies targeted primarily on the … major repercussions on the economic growth of the lagging southern regions as well as of the Italian economy as a whole …
Persistent link: https://www.econbiz.de/10013089152
We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity …=r ̇=0. Third, we investigate whether the economy of our creative region has a balanced growth path (BGP). Finally …
Persistent link: https://www.econbiz.de/10012910586
We study economic growth and investment income taxation in a region that is creative in the sense of Richard Florida … leads to three results. First, we derive an analytic expression that links the growth rate of the relative price of physical … capital goods to the growth rate of physical capital in the consumption goods sector. Second, we highlight the connection …
Persistent link: https://www.econbiz.de/10013022733
We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity …=r ̇=0. Third, we investigate whether the economy of our creative region has a balanced growth path (BGP). Finally …
Persistent link: https://www.econbiz.de/10012949724
A neoclassical model of local growth is developed by integrating the static equilibrium underlying compensating … differential theory as the long run steady state of a Ramsey-Cass-Koopmans growth model. Numerical results show that even very …
Persistent link: https://www.econbiz.de/10014173535
This paper tests directly a geography and growth model using regional data for Europe, the US, and Japan during … different time periods. We set up a standard geography and growth model with a poverty trap and derive a log-linearized growth …
Persistent link: https://www.econbiz.de/10014121343
A standard Solow model is augmented to allow for subsidies of infrastructure investment. The model is applied to …
Persistent link: https://www.econbiz.de/10014060749
A neoclassical model of local growth is developed by integrating the static equilibrium underlying compensating … differential theory as the steady state of a neoclassical growth model. Numerical results show that even very small frictions to … persistent population flows. Wages and house prices, in contrast, jump most of the way to their new steady state. The model …
Persistent link: https://www.econbiz.de/10014066052
regions belonging to a given country. A theoretical explanation is proposed in terms of regional growth. Assuming that the …
Persistent link: https://www.econbiz.de/10005463763
Many cross-country studies acknowledge the indispensable role of institutions in promoting economic growth and in … aims to discuss the roles and functions of institutions in regional economic growth and development. To that end, first … the impact of institutions on regional growth and development outcomes from both the theoretical and empirical studies …
Persistent link: https://www.econbiz.de/10011535179