This paper builds a heterogeneous-households growth model of a small open economy with fixed resource (land) by integrating the Walrasian general equilibrium and neoclassical growth theories. The production side consists of two sectors. We use an alternative utility function proposed by Zhang,...

This paper builds a heterogeneous-households growth model of a small open economy with fixed resource (land) by integrating the Walrasian general equilibrium and neoclassical growth theories. The production side consists of two sectors. We use an alternative utility function proposed by Zhang,...

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...

This paper builds a heterogeneous-households growth model of a small open economy with fixed resource (land) by integrating the Walrasian general equilibrium and neoclassical growth theories. The production side consists of two sectors. We use an alternative utility function proposed by Zhang,...

This paper develops an economic growth model with economic structure and geography. The economy consists of one agricultural and one industrial sector and economic geography consists of urban and rural areas. The model synthesizes the main ideas in the Solow growth, the Alonso urban, and the...

This study constructs a monetary gender growth model with capital accumulation and endogenous labour supply. The real aspects of the model are based on the neoclassical growth theory and monetary aspects of the model are based on the cash-in-advance (CIA) approach. We show that the dynamics of...

This paper develops a multi-regional growth model with amenity, capital accumulation and regional public goods. The economy consists of any number of regions and each region consists of the industrial sector and public sector. The industrial sector provides goods in perfectly competitive...