Advertisement

Externalities of Network Formation and Economic Growth

  • Tomoya SakagamiEmail author
  • Yasuhiko Kato
  • Hiroki Inoue
  • Hiroki Unoki
Chapter
Part of the New Frontiers in Regional Science: Asian Perspectives book series (NFRSASIPER, volume 18)

Abstract

The purpose of this paper is to clarify the influence of network formation among countries on the economies of those countries. This is accomplished through theory and simulation using an economic growth model with network externalities.

References

  1. Bala, V., and S. Goyal. 2000. A non-cooperative model of network formation. Econometrica 68: 1181–1229.CrossRefGoogle Scholar
  2. Cass, D. 1965. Optimum growth in an aggregative model of capital accumulation. Review of Economic Studies 32: 233–240.CrossRefGoogle Scholar
  3. European Union, Official website, How is the EU funded? https://europa.eu/european-union/about-eu/money/revenue-income_en.
  4. Inoue, H., Y. Kato, and T. Sakagami. 2013. Airline network optimization using evolutionary computation. Electronics and Communications in Japan 96(11): 16–25.CrossRefGoogle Scholar
  5. Jackson, M.O., and A. Wolinsky. 1996. A strategic model of social and economic networks. Journal of Economic Theory 71: 44–74.CrossRefGoogle Scholar
  6. Jones, C.I. 1995. R&D-based models of economic growth. Journal of Political Economy 103: 759–784.Google Scholar
  7. Koopmans, T.C. 1965. On the concept of optimal economic growth. In Econometric Approach to Development Planning. Amsterdam: North-Holland.Google Scholar
  8. Ramsey, F. 1928. A mathematical theory of saving. Economic Journal 38: 543–559.CrossRefGoogle Scholar
  9. Rivera-Batiz, L.A., and P.M. Romer. 1991. Economic integration and endogenous growth. Quarterly Journal of Economics 106(2): 531–555.CrossRefGoogle Scholar
  10. Romer, P.M. 1990. Endogenous technological change. Journal of Political Economy 98(5): S71–S102.CrossRefGoogle Scholar
  11. Takahashi, H., and T. Sakagami. 1998. Transitional dynamics of economic integration and endogenous growth. Journal of Economic Behavior and Organization 33: 63–79.CrossRefGoogle Scholar

Copyright information

© Springer Nature Singapore Pte Ltd. 2017

Authors and Affiliations

  • Tomoya Sakagami
    • 1
    Email author
  • Yasuhiko Kato
    • 1
  • Hiroki Inoue
    • 2
  • Hiroki Unoki
    • 3
  1. 1.Kumamoto Gakuen UniversityKumamotoJapan
  2. 2.Kyoto UniversityKyotoJapan
  3. 3.Nakakyushu Junior CollegeYatsushiroJapan

Personalised recommendations