Structure of the Model

Sascha Sardadvar ()
Additional contact information
Sascha Sardadvar: Vienna University of Economics and Business, Institute for Economic Geography and GIScience

Chapter Chapter 6 in Economic Growth in the Regions of Europe, 2011, pp 53-63 from Springer

Abstract: Abstract To include the relative location in space in a growth model means that an economy’s performance no longer lies solely within its range and conditions, but rather also depends on developments and decisions made beyond its borders. This chapter lays out the study’s model, which can be described as a growth model of N regional economies with a neoclassical production function that includes human capital, and where physical capital mobility between regional economies takes place. The configuration of the model, that incorporates both N regional economies and their accompanying superordinate economy is presented in Sect. 6.1. Section 6.2 examines specific characteristics of the neoclassical production. Finally, the key equations of the evolution of factors of production are discussed in Sect. 6.3.

Keywords: Human Capital; Regional Economy; Physical Capital; Marginal Product; Knowledge Spillover (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-7908-2637-1_6

Ordering information: This item can be ordered from
http://www.springer.com/9783790826371

DOI: 10.1007/978-3-7908-2637-1_6

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().