The Effects of Globalization on Regional Inequality in a Model of Semi-Endogenous Growth and Foot-loose Capital
AbstractWe show that two regions converge under trade liberalization two regions converge by means of a semi-endogenous R&D growth model with international trade, foot-loose capital, local knowledge spillovers in an open economy, and full agglomeration of modern goods firms in a country.
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Bibliographic InfoPaper provided by Research Institute for Economics & Business Administration, Kobe University in its series Discussion Paper Series with number DP2013-25.
Length: 7 pages
Date of creation: Aug 2013
Date of revision:
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Trade integration; Foot-loose capital; R&D growth; Scale effects; Regional Inequality; local spillovers; Full agglomeration;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Guanghua Wan & Ming Lu & Zhao Chen, 2007.
"Globalization And Regional Income Inequality: Empirical Evidence From Within China,"
Review of Income and Wealth,
International Association for Research in Income and Wealth, vol. 53(1), pages 35-59, 03.
- Wan, Guanghua & Lu, Ming & Chen, Zhao, 2006. "Globalization and Regional Income Inequality: Empirical evidence from within China," Working Paper Series RP2006/139, World Institute for Development Economic Research (UNU-WIDER).
- Dinopoulos, Elias & Thompson, Peter, 1998. " Schumpeterian Growth without Scale Effects," Journal of Economic Growth, Springer, vol. 3(4), pages 313-35, December.
- Jones, Charles I, 1995. "R&D-Based Models of Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 759-84, August.
- Elias Dinopoulos & Peter Thompson, 1999. "Scale effects in Schumpeterian models of economic growth," Journal of Evolutionary Economics, Springer, vol. 9(2), pages 157-185.
- Segerstrom, Paul S, 1998. "Endogenous Growth without Scale Effects," American Economic Review, American Economic Association, vol. 88(5), pages 1290-1310, December.
- Minniti, Antonio & Parello, Carmelo Pierpaolo, 2011. "Trade integration and regional disparity in a model of scale-invariant growth," Regional Science and Urban Economics, Elsevier, vol. 41(1), pages 20-31, January.
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