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dc.contributor.authorBond-Smith, Steven Craig
dc.date.accessioned2012-10-09T03:17:11Z
dc.date.available2012-10-09T03:17:11Z
dc.date.issued2012-04
dc.identifier.citationBond-Smith, S. (2012). A regional model of endogenous growth with creative destruction. (Department of Economics Working Paper Series, Number 02/12). Hamilton, New Zealand: University of Waikato.en_NZ
dc.identifier.urihttp://hdl.handle.net/10289/6698
dc.description.abstractWe consider a two region growth model with vertical innovations where technical externalities in R&D lead to a technology leading region being the most attractive location for innovative firms. Innovations are produced in the form of quality improvements building on available knowledge and firms choose a technologically advanced location to maximise the productivity of R&D and maintain their niche monopoly. The partial nature of spillovers causes an additional force for agglomeration: the clustering effect. Agglomerated locations have the benefit of local inter-varietal knowledge spillovers for growth while peripheral locations depend on trade and regional knowledge spillovers.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoen
dc.publisherUniversity of Waikatoen_NZ
dc.relation.ispartofseriesDepartment of Economics Working Paper Series
dc.rights©2012 The Authorsen_NZ
dc.subjectendogenous growthen_NZ
dc.subjectnew economic geographyen_NZ
dc.subjectinnovationen_NZ
dc.subjectknowledge spilloversen_NZ
dc.subjectagglomerationen_NZ
dc.subjectquality laddersen_NZ
dc.subjectcreative destructionen_NZ
dc.titleA regional model of endogenous growth with creative destructionen_NZ
dc.typeWorking Paperen_NZ
uow.relation.series02/12


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