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We study the effects of learning by doing resulting from the production of a final good on economic growth in a region that is creative in the sense of Richard Florida. Firms in this region use creative and physical capital to produce output. We model learning by doing formally and our analysis...
Persistent link: https://www.econbiz.de/10010930957
We discuss a prospective, theoretical research agenda about the connections between entrepreneurship, innovation, and multi-regional economic growth and welfare. This agenda advocates the use of endogenous economic growth theory and advances in new economic geography to analyze models that will...
Persistent link: https://www.econbiz.de/10014136238
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 analyze the economic growth related effects of learning by doing in a region that is creative in the sense of Richard Florida. Firms in this region use physical and creative capital to produce output. We model learning by doing and our analysis of the working of this creative region leads to...
Persistent link: https://www.econbiz.de/10013000120
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 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_j (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/10012953087