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In this paper, we investigate the impact on aggregate regional utility as a result of both exogenous growth and endogenous growth in a spatial system. We will first analyze the case of two closed regions, followed by the case of two open regions. The main instrument used in our approach to study...
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Until recently, the interaction between environmental quality, economic activity and growth is predominantly considered in an a-spatial context. Traditional neoclassical growth theory following Solow/Swan has mainly addressed questions about environmental and resource limits to growth. Recently,...
Persistent link: https://www.econbiz.de/10005615862
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In this paper, the impact of endogenous information provision to drivers in road transport is investigated. A static economic equilibrium model is used, which allows potential road users to buy information on the prevailing (stochastic) traffic situation. It takes for granted that an indiviual...
Persistent link: https://www.econbiz.de/10005615916
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A new wave of interest in long-run economic growth emerged since the late 1980s. This paper uses a simple model to illustrate how technological change can be endogenised in macroeconomic theories of growth and then surveys how - through factor mobility, the diffusion of innovations and trade -...
Persistent link: https://www.econbiz.de/10005391235
New information and telecommunication technologies in the transport sector, often named 'Advanced Transport Telematics` (ATT), play a key role in the new European network economy, as they have the potential to offer new solutions to the emerging transport problems in Europe. However, the...
Persistent link: https://www.econbiz.de/10005391236
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