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Regional Growth with Economic Structure

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

Abstract

The previous chapters of regional dynamics are concerned with one-sector economies. But to explain economic mechanism of division of labor and competitive equilibrium in labor market, the one-sector model is not sufficient to provide insights into dynamic processes of division of labor and interdependence between division of labor, knowledge and efficiency. It is necessary to extend the one-sector economy into a multi-sector economy. This chapter is to provide a theoretical framework for studying the interdependence among the division of labor, growth of population, wealth accumulation, income distribution, and prices and profits determination within a multi-regional context.

Keywords

Transportation Cost Capital Accumulation Economic Structure Land Rent 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.

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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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