| dc.contributor.author | Bond-Smith, Steven Craig | |
| dc.date.accessioned | 2012-10-09T03:17:11Z | |
| dc.date.available | 2012-10-09T03:17:11Z | |
| dc.date.issued | 2012-04 | |
| dc.identifier.citation | Bond-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.uri | https://hdl.handle.net/10289/6698 | |
| dc.description.abstract | We 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.mimetype | application/pdf | |
| dc.language.iso | en | |
| dc.publisher | University of Waikato | en_NZ |
| dc.relation.ispartofseries | Department of Economics Working Paper Series | |
| dc.rights | ©2012 The Authors | en_NZ |
| dc.subject | endogenous growth | en_NZ |
| dc.subject | new economic geography | en_NZ |
| dc.subject | innovation | en_NZ |
| dc.subject | knowledge spillovers | en_NZ |
| dc.subject | agglomeration | en_NZ |
| dc.subject | quality ladders | en_NZ |
| dc.subject | creative destruction | en_NZ |
| dc.title | A regional model of endogenous growth with creative destruction | en_NZ |
| dc.type | Working Paper | en_NZ |
| uow.relation.series | 02/12 | |
