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This study deals with economic growth and income and wealth distribution in an economic growth model of heterogeneous households with economic structure and ethic-based human capital accumulation. The model emphasizes the role of ethnic human capital externalities on economic structural change...
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This paper discusses coding of road information in a lateral reference system using magnetic markers designed for Automated Highway Systems ( AHS). The coding is utilized to communicate road information such as up- coming road geometry or lane merges/diverges from the roadway infrastructure to...
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This paper examines interactions between knowledge accumulation and economic development within a multiregional framework. Production and capital accumulation are undertaken according to the principles of neoclassical economics. Accessibility is the key factor for the study of interregional...
Persistent link: https://www.econbiz.de/10005391220
This paper proposes a dynamic two-region model with human capital accumulation. This economic system is assumed to produce two commodities - one in each region. The only university in the economy which carries out higher education (=teaching) is located in region 1. The model describes the...
Persistent link: https://www.econbiz.de/10005391467
This article proposes a neoclassical growth model with endogenous capital accumulation and knowledge creation. The model integrates Arrow’s learning by doing, Uzawa’s two-sector growth model and Walrasian general equilibrium theory. We use a utility function, which determines...
Persistent link: https://www.econbiz.de/10011139102
This paper builds a dynamic growth model with wealth accumulation, technological change, and environmental change on the basis of the neoclassical growth theory with an alternative approach to household behavior. The model synthesizes the economic growth mechanism in the neoclassical growth...
Persistent link: https://www.econbiz.de/10011140687