Risk as an Externality in Quantitative and Marginal Approaches

Václav Beran () and Petr Dlask ()
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Václav Beran: Czech Technical University
Petr Dlask: Czech Technical University

Chapter 13 in Regional Externalities, 2007, pp 255-286 from Springer

Abstract: Abstract In this chapter a model will be presented that aims at the explanation of disparities in regional economic growth in the Czech Republic and its relevance for regional economic policy. The proposed specific regional development strategies are based on a compact model containing only a few variables. With the help of the model the development of 13 regions in the Czech republic will be simulated. From the computations it appears that innovations are the driving forces behind regional development. However, for sustainable regional growth, it is essential to understand the dynamics of innovative dissemination by networks. This chapter is an attempt to contribute to that end.

Keywords: Regional economic disparities; Regional economic policy; Innovations (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-35484-0_13

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DOI: 10.1007/978-3-540-35484-0_13

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