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A Two-region Growth Model with Capital and Knowledge

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

Abstract

The previous chapter developed models with knowledge and human capital fixed. This chapter treats knowledge as endogenous variables of regional economic evolution. Knowledge creation and utilization is the driving force of modern economic development. A main issue in economics is concerned with dynamic interactions between economic growth, knowledge creation and utilization. The complexity of economic dynamics with endogenous knowledge has recently caused great attention among economists. Although many growth models with endogenous knowledge have been proposed, most of those models are either concerned with national growth or international trades. There are only a few dynamic models which are constructed to address issues related to regional development with endogenous knowledge.

Keywords

Labor Force Capital Stock Economic Structure Knowledge Creation Typical Person 
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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