Konferenzbeitrag
Innovation, Decentralization, and Planning in a Multi-Region Model of Schumpeterian Economic Growth
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 of interest. Second, we stipulate the form of the innovation possibilities frontier that is consistent with balanced economic growth. Third, we derive the growth rate of the ith region in the decentralized equilibrium and show that there are no transitional dynamics. Fourth, we solve the social planner's problem and derive the Pareto optimal growth rate for the ith region. Fifth, we compare the two preceding growth rates and then discuss the circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 regions and (iii) the specific case of an aggregate economy of N=2 regions. Finally, we conclude and then offer suggestions for extending the research described here.
- Sprache
-
Englisch
- Erschienen in
-
Series: 54th Congress of the European Regional Science Association: "Regional development & globalisation: Best practices", 26-29 August 2014, St. Petersburg, Russia
Klassifikation
Wirtschaft
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Human Capital; Skills; Occupational Choice; Labor Productivity
Innovation and Invention: Processes and Incentives
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Human Capital; Skills; Occupational Choice; Labor Productivity
Innovation and Invention: Processes and Incentives
Thema
Human Capital
Innovation
Multi-Region Economy
Schumpeterian Economic Growth
Innovation
Multi-Region Economy
Schumpeterian Economic Growth
Ereignis
Geistige Schöpfung
(wer)
Batabyal, Amit
Nijkamp, Peter
Nijkamp, Peter
Ereignis
Veröffentlichung
(wer)
European Regional Science Association (ERSA)
(wo)
Louvain-la-Neuve
(wann)
2014
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Konferenzbeitrag
Beteiligte
- Batabyal, Amit
- Nijkamp, Peter
- European Regional Science Association (ERSA)
Entstanden
- 2014
Ähnliche Objekte (12)
Towards a regional science academy: a manifesto
Towards a regional science academy: a manifesto
Critical performance factors for large world cities: in search of qualitative causal patterns by means of rough set analysis
Entrepreneurship, development, and the spatial context: Retrospect and prospect
Behaviour of Humans and Behaviour of Models in Dynamic Space
A Multi-Dimensional Comparative Assessment Methodology for Policy Analysis: A Multi-Country Study of the Agricultural Sector
Food Security and Agricultural Sustainability - A Comparative Multi-Country Assessment of Critical Success Factors
Decisive Conditions for an Effective and Efficient Multi-modal Freight Transport Network in Europe: A Meta-Analytic Perspective
Spatial Dimensions of Environmental Policies for Trans-Boundary Externalities - A Spatial Price Equilibrium Approach
A Combinatorial Assessment Methodology for Complex Policy Analysis
Advances in Environmental Economics: Analysis and Modelling
Critical performance factors for large world cities: In search of qualitative causal patterns by means of rough set analysis
Towards a regional science academy: a manifesto
Towards a regional science academy: a manifesto
Critical performance factors for large world cities: in search of qualitative causal patterns by means of rough set analysis
Entrepreneurship, development, and the spatial context: Retrospect and prospect
Behaviour of Humans and Behaviour of Models in Dynamic Space
A Multi-Dimensional Comparative Assessment Methodology for Policy Analysis: A Multi-Country Study of the Agricultural Sector
Food Security and Agricultural Sustainability - A Comparative Multi-Country Assessment of Critical Success Factors
Decisive Conditions for an Effective and Efficient Multi-modal Freight Transport Network in Europe: A Meta-Analytic Perspective
Spatial Dimensions of Environmental Policies for Trans-Boundary Externalities - A Spatial Price Equilibrium Approach
A Combinatorial Assessment Methodology for Complex Policy Analysis
Advances in Environmental Economics: Analysis and Modelling
Critical performance factors for large world cities: In search of qualitative causal patterns by means of rough set analysis
Towards a regional science academy: a manifesto
Towards a regional science academy: a manifesto
Critical performance factors for large world cities: in search of qualitative causal patterns by means of rough set analysis
Entrepreneurship, development, and the spatial context: Retrospect and prospect
Behaviour of Humans and Behaviour of Models in Dynamic Space
A Multi-Dimensional Comparative Assessment Methodology for Policy Analysis: A Multi-Country Study of the Agricultural Sector
Food Security and Agricultural Sustainability - A Comparative Multi-Country Assessment of Critical Success Factors
Decisive Conditions for an Effective and Efficient Multi-modal Freight Transport Network in Europe: A Meta-Analytic Perspective
Spatial Dimensions of Environmental Policies for Trans-Boundary Externalities - A Spatial Price Equilibrium Approach
A Combinatorial Assessment Methodology for Complex Policy Analysis
Advances in Environmental Economics: Analysis and Modelling