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We study decision-making by a regional authority (RA) that uses enterprise zones to attractmembers of the creative class---referred to as entrepreneurs---to its region. The enterprise zonesprovide a local public good (LPG) 𝐿 to entrepreneurs who become members. First, we computethe utility...
Persistent link: https://www.econbiz.de/10013241842
The notion of resilience originated in the ecology literature in the modern or post-World War II era. Even so, this term has now found widespread use in the social sciences in general and in regional science in particular. Although this expansion in the use of resilience is welcome, it...
Persistent link: https://www.econbiz.de/10013242068
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...
Persistent link: https://www.econbiz.de/10013058839
There are no theoretical studies in regional science that examine which region to locate in from the standpoint of a creative class member, given that the pertinent regional authorities (RAs) are competing among themselves to attract the creative class using subsidies. This gap provides the...
Persistent link: https://www.econbiz.de/10013322803
We theoretically analyze some properties of the technology gap between leading and lagging regions studied recently by Batabyal and Nijkamp (2013). New technologies are developed in the leading region. The lagging region does not conduct research and development (R&D) but uses the leading...
Persistent link: https://www.econbiz.de/10014153398
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...
Persistent link: https://www.econbiz.de/10014200338
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 six findings. First, we define the balanced growth path (BGP) allocations and the equilibrium...
Persistent link: https://www.econbiz.de/10014143303
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<sub>j</sub>(t)) when this region is part of an aggregate economy of j = 1, …, N creative regions. We focus first (second) on absolute (relative)...
Persistent link: https://www.econbiz.de/10012964104
We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity by supposing that the region under study has two sectors. The first sector uses physical capital {K(t)} and trained workers {A(t)W(t)} to produce creative capital {R(t)}. The...
Persistent link: https://www.econbiz.de/10012949724
We study innovation policy in a region in which the members of the creative class engage in Schumpeterian competition and thereby extend aspects of the recent analysis in Batabyal and Yoo (2017). Using the language of these researchers, the creative class is broadly composed of existing and...
Persistent link: https://www.econbiz.de/10012951963