Regional Growth with Endogenous Time Distribution

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


Various models were proposed to explain why regions trade and how interregional trade patterns are determined. Different economists emphasize various factors, such as differences in resources, capital accumulation and technology, in explaining trade issues. In Chapter 2, we studied regional growth and interregional trade patterns. The concern of this chapter is still to extend the model developed in Chapter 2. The main difference of this chapter from Chapter 2 is related to behavior of households of different regions. We consider endogenous time in our chapter.


Wage Rate Capital Stock Capital Accumulation Typical Person Perfect Competition 
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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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