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Innovation, decentralization, and planning in a multi-region model of Schumpeterian economic growth
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2014
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …
Persistent link: https://www.econbiz.de/10011491971
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A game model of new and remanufactured goods, brown and green consumers, and market share dominance
Batabyal, Amitrajeet A.; Beladi, Hamid - 2016
The n total consumers in the market for a particular good are made up of b brown and g green consumers so that b+g=n. The b brown (g green) consumers are not (are) environmentally conscious and hence they prefer to buy a new (remanufactured) good denoted by N and R respectively. By strategically...
Persistent link: https://www.econbiz.de/10011867069
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Technology, learning, and long run economic growth in leading and lagging regions
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2014
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...
Persistent link: https://www.econbiz.de/10011491966
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Creative capital in production, inefficiency, and inequality : a theoretical analysis
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2016
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...
Persistent link: https://www.econbiz.de/10012496480