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The Effects Of The Transportation Costs In R&D Technology Sector On The Endogenous Grwoth

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  • Youngwan Goo

    () (Department of Economics, Chungbuk National University)

Abstract

The paper centers on investigating theoretically how the transportation costs of R&D technology, none of the transportation costs in final goods and intermediate inputs, affect the long-run endogenous economic growth. The basic ideas adopted in this paper are different from well-known models in the sense that the prices of R&D technology are influenced by the transportation cost in R&D technology sector and the accumulated profit of the intermediate inputs over time is equal to the price of R&D technology, and thus the transportation costs indirectly influence the endogenous growth. That is, the larger are only the transportation costs of R&D technology, the higher is the price of R&D technology and the slower is endogenous economic growth.

Suggested Citation

  • Youngwan Goo, 2011. "The Effects Of The Transportation Costs In R&D Technology Sector On The Endogenous Grwoth," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 36(1), pages 21-34, March.
  • Handle: RePEc:jed:journl:v:36:y:2011:i:1:p:21-34
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    File URL: http://www.jed.or.kr/full-text/36-1/2.pdf
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    References listed on IDEAS

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    1. Martin, Philippe & I.P. Ottaviano, Gianmarco, 1999. "Growing locations: Industry location in a model of endogenous growth," European Economic Review, Elsevier, vol. 43(2), pages 281-302, February.
    2. Abdel-Rahman, H. M., 1988. "Product differentiation, monopolistic competition and city size," Regional Science and Urban Economics, Elsevier, vol. 18(1), pages 69-86, February.
    3. Yamamoto, Kazuhiro, 2003. "Agglomeration and growth with innovation in the intermediate goods sector," Regional Science and Urban Economics, Elsevier, vol. 33(3), pages 335-360, May.
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    1. repec:onb:oenbmp:y:2017:i:q1/2017:b:6 is not listed on IDEAS

    More about this item

    Keywords

    Transportation Costs; R&D Technology; Endogenous Growth;

    JEL classification:

    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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