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We analyze how a permanent shift in political power in a region that is creative a la Richard Florida affects tax policy and economic outcomes. There are three groups of individuals in our region: laborers or workers, creative class members or entrepreneurs, and the elites. The elites initially...
Persistent link: https://www.econbiz.de/10015214404
We analyze a stylized creative region populated by three groups of individuals: the elites who hold political and taxing power, the entrepreneurial creative class that produces a knowledge good, and workers. Political competition between the elites and the creative class results in the elites...
Persistent link: https://www.econbiz.de/10015214950
We study the short-run impacts of labor income taxation in an aggregate economy of N2 regions. The distinct regions demand workers. Each region is endowed with one unit of immobile capital. The aggregate economy also has one unit of labor that is mobile across the regions. All regions produce a...
Persistent link: https://www.econbiz.de/10015216213
We study pollution cleanup in the Ganges in Varanasi, India. Voters elect politicians and elected politicians decide how much pollution to clean up. Between the two time periods, there is an election. Politicians are sincere or insincere. The marginal cost of public funds ΞΆ measures how...
Persistent link: https://www.econbiz.de/10015218338
We analyze a stylized model of competition between two cities that use a local public good (LPG) to attract members of the creative class. The creative class consists of artists and engineers and we study the behavior of a representative artist and an engineer. The level of the LPG in each city...
Persistent link: https://www.econbiz.de/10015230458
We model international trade in renewable resources between a single buyer and competitive sellersas a Stackelberg differential game. The buyer uses unit and ad valorem tariffs to indirectly encourageconservation of the renewable resource under study. First, we show that the efficacy of these...
Persistent link: https://www.econbiz.de/10009459237
We study aspects of economic growth in a region that is creative in the sense of Richard Florida. Members of the creative class fall into one of two possible groups. This grouping stems from the manner in which creative capital is acquired by the individual members. In this setting, we...
Persistent link: https://www.econbiz.de/10015256302
Despite the salience of Mr. Narendra Modi's campaign from both environmental and touristic standpoints, the extant literature contains no theoretical studies of the clean-up of the Ganges and its connection to tourism. Hence, we use a simple model and provide the first stochastic analysis of the...
Persistent link: https://www.econbiz.de/10015258105
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/10015259049
We provide the first strategic analysis of the interaction between a continuum of potentially green consumers and two firms in regional science. Firm 1 (2) sells new (remanufactured) toner cartridges. Each firm selects its price and a consumer purchases from the firm that offers her the highest...
Persistent link: https://www.econbiz.de/10015259697