Advertisement

Regional Growth with Endogenous Time Distribution

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

Abstract

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.

Keywords

Wage Rate Capital Stock Capital Accumulation Typical Person Perfect Competition 
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.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Springer-Verlag Berlin Heidelberg 2003

Authors and Affiliations

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

Personalised recommendations