In the spirit of the deregulation movement, Japan is also faced with an gAsia Open Sky h agreement which favours aviation liberalization in international services. This means an end to Japan's aviation policy of isolation. In association with this policy change, also environmental concerns grew...

Japan is faced with a gFukushima f problem, meaning a nuclear accident leading to electrical power shortage. This problem relates to a non-balanced gEnergy-Environment-Economic h policy which does not, but should incorporate gelectrical power saving h, glow carbon emission h, and geconomic...

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...

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...

According to Oswald's hypothesis homeowners experience more problems in finding a new job after becoming unemployed because their moving costs are higher than those of renters. Empirical research has revealed that this effect is counteracted by the job search behavior of unemployed homeowners:...

We analyze inefficiency and inequality associated with the use of creative capital to produce a final good in a regional economy. Specifically, we first study a case in which the individual creative capital units are perfect substitutes in the production of the final good. We show that the...