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| Tekijä: | Fujita, M. Thisse, J-F. |
| Otsikko: | Does geographical agglomeration foster economic growth? And who gains and loses from it? |
| Lehti: | Japanese Economic Review
2003 : VOL. 14:2-3, p. 121-145 |
| Asiasana: | Economic growth Geography Innovation R&D |
| Vapaa asiasana: | Agglomeration |
| Kieli: | eng |
| Tiivistelmä: | A two-region model of endogenous growth is proposed, which is a natural combination of a core-periphery model by Krugman and an endogenous growth model by Grossman, Helpman and Romer. The innovation activity in the R&D sector involves knowledge externalities among skilled workers. The analysis supports the idea that the additional growth spurred by agglomeration may lead to a Pareto-dominant outcome such that, when the economy moves from dispersion to agglomeration, innovation follows a much faster pace. |
SCIMA