An Evolutionary Model of Growth in a Two Region Economy
A microsimulation model of a two region economy is introduced. The model incorporates behavioral aspects of firms' decision-making processes in defining time paths for output and other economic aggregates. Simulations begin from a situation where one region has superior technological efficiency to the other, and attempt to define circumstances under which regional convergence and divergence occur. Results indicate that both satisficing behavior by firms and interregional transfer of technological information promote convergence in regional growth rates, wages and rates of return.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 23 (1989)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://link.springer.de/link/service/journals/00168/index.htm|
More information through EDIRC
|Order Information:||Web: http://link.springer.de/orders.htm|
When requesting a correction, please mention this item's handle: RePEc:spr:anresc:v:23:y:1989:i:2:p:105-20. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.