Multiregional Dynamics Based on Creativity and Knowledge Diffusion
This paper examines interactions between knowledge accumulation and economic development within a multiregional framework. Production and capital accumulation are undertaken according to the principles of neoclassical economics. Accessibility is the key factor for the study of interregional learning processes. The existence of a unique positive equilibrium in the general model is established; and both stability analysis and comparative static analysis with respect to some parameters are conducted for the case of two regions.
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Volume (Year): 25 (1991)
Issue (Month): 3 (October)
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