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A platform for research: civil engineering, architecture and urbanism
Regional economic growth by policy-induced capital flows: I. Theoretical approach
Abstract In view of regional income disparities this paper discusses alternative allocation strategies of regional economic growth policy: “movement of the workers to the jobs” (passive factor stocks adjustment) versus “jobs to the workers” (active factor stocks adjustment). For policy evaluation of this classical question a dynamic two-regions model is presented (Part I). Its implications will be analyzed on the basis of selected parameters to give an example of possible model applications (Part II). In Part I the analysis will start with general remarks on model construction (stressing the relevance of supply-side growth barriers), then describe the relationships of the model and finally refer to some selected aspects of possible extensions (introduction of a third region as the outside world of the two regions, modification of the model to deal with the no-growth case, consideration of the size of regions, and incorporation of independent regional investment functions). The concluding remarks will focus on the essential policy parameters of the model.
Regional economic growth by policy-induced capital flows: I. Theoretical approach
Abstract In view of regional income disparities this paper discusses alternative allocation strategies of regional economic growth policy: “movement of the workers to the jobs” (passive factor stocks adjustment) versus “jobs to the workers” (active factor stocks adjustment). For policy evaluation of this classical question a dynamic two-regions model is presented (Part I). Its implications will be analyzed on the basis of selected parameters to give an example of possible model applications (Part II). In Part I the analysis will start with general remarks on model construction (stressing the relevance of supply-side growth barriers), then describe the relationships of the model and finally refer to some selected aspects of possible extensions (introduction of a third region as the outside world of the two regions, modification of the model to deal with the no-growth case, consideration of the size of regions, and incorporation of independent regional investment functions). The concluding remarks will focus on the essential policy parameters of the model.
Regional economic growth by policy-induced capital flows: I. Theoretical approach
Buhr, Walter (author)
1995
Article (Journal)
English
Regional economic growth by policy-induced capital flows: II. Policy simulation results
| Online Contents | 1995
Social capital, economic growth and regional development
| Online Contents | 2005
Social capital, economic growth and regional development
| Taylor & Francis Verlag | 2005