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articles: Long-run development of a multi-regional economy

Author

Listed:
  • Takao Fukuchi

    (Department of Management Science, Asahi University, Gifu 501-02, Japan)

Abstract

This article analyses models of a multi-regional economy with n regions and m factors, with a Cobb-Douglas or CES production function, and with or without economies of scale and Hicks-neutral technological progress, in which factors are imperfectly mobile as described by a revised gravity model. The article clarifies the incidence of interregional factor mobility, conditions of convergence of interregional per-capita income, the long-run equilibrium regional shares of factors and of income, and the convergence speed. The results are further generalised by explicitly introducing interregional distances.

Suggested Citation

  • Takao Fukuchi, 2000. "articles: Long-run development of a multi-regional economy," Papers in Regional Science, Springer;Regional Science Association International, vol. 79(1), pages 1-31.
    • Handle: RePEc:spr:presci:v:79:y:2000:i:1:p:1-31
    Note: Received: 18 August 1997
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    Citations

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    Cited by:

    1. Darina Òªoni, 2016. "Poverty, Conflict due to the Young, with Parents," European Journal of Multidisciplinary Studies Articles, Revistia Research and Publishing, vol. 1, September.
    2. Electra Petracou & Anastasios Xepapadeas & Athanasios Yannacopoulos, 2013. "The bioeconomics of migration: A selective review towards a modelling perspective," DEOS Working Papers 1306, Athens University of Economics and Business.

    More about this item

    Keywords

    Regional growth; regional inequality; convergence; productivity; factor mobility;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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