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Regional Growth with Productivity and Amenity Differentials

  • Wei-Bin Zhang
Chapter
  • 79 Downloads
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 523)

Abstract

Regions are different in living conditions and productivity. It is observed that tropical people tended to spend less time and energies on working and thinking than people living in regions with proper climates. Regional differentials in natural conditions and cultural attitudes towards work and knowledge play a substantial role in determining regional differences in economic evolution. Nevertheless, economics has not provided a consistent framework to analyze the role of regional conditions such as natural resources and cultural attitudes (toward playing, working, saving, learning, creativity) on economic evolution. This chapter proposes a model of regional economic development based on the growth theory proposed in (1999).

Keywords

Utility Function Wage Rate Capital Stock Labor Movement Total Capital 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2003

Authors and Affiliations

  • Wei-Bin Zhang
    • 1
  1. 1.Ritsumeikan Asia Pacific UniversityOita-kenJapan

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