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R&D, Localised Knowledge Spillovers and Endogenous Regional Growth: Evidence from Germany

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Technological Change and Regional Development in Europe

Part of the book series: Contributions to Economics ((CE))

Abstract

In the past decade, various models have been developed which aim at explaining long-term economic growth endogenously. In particular, knowledge-based models of endogenous growth following Romer (1990) or Aghion and Howitt (1992) assume that private, profit-oriented researchers both produce and benefit from intertemporal knowledge spillovers that improve their productivity over time and as technical progress is made. It is hypothesised that, in equilibrium, there is a positive linear relationship between income growth and the number of researchers in an economy.

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Author information

Authors and Affiliations

  1. The Kiel Institute of World Economics, Kiel, Germany

    Eckhardt Bode

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  1. Eckhardt Bode
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Editor information

Editors and Affiliations

  1. Department of Economic Geography, University of Hannover, Schneiderberg 50, Hannover, 30167, Germany

    Ludwig Schätzl  & Javier Revilla Diez  & 

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Bode, E. (2002). R&D, Localised Knowledge Spillovers and Endogenous Regional Growth: Evidence from Germany. In: Schätzl, L., Diez, J.R. (eds) Technological Change and Regional Development in Europe. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57467-2_3

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  • DOI: https://doi.org/10.1007/978-3-642-57467-2_3

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-7908-1460-6

  • Online ISBN: 978-3-642-57467-2

  • eBook Packages: Springer Book Archive

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