A regional model of endogenous growth without scale assumptions

Regional Studies Association. In this paper we model growth using a scale-neutral approach to innovation allowing differences between regions to emerge due to regional mechanisms. In this model, agglomeration is growth enhancing as the scale effect for innovation arises from greater access to knowle...

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Main Authors: Bond-Smith, S., McCann, P., Oxley, Leslie
Format: Journal Article
Published: 2018
Online Access:http://hdl.handle.net/20.500.11937/67395
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author Bond-Smith, S.
McCann, P.
Oxley, Leslie
author_facet Bond-Smith, S.
McCann, P.
Oxley, Leslie
author_sort Bond-Smith, S.
building Curtin Institutional Repository
collection Online Access
description Regional Studies Association. In this paper we model growth using a scale-neutral approach to innovation allowing differences between regions to emerge due to regional mechanisms. In this model, agglomeration is growth enhancing as the scale effect for innovation arises from greater access to knowledge rather than any assumed scale effects in growth-modelling techniques. Furthermore, entrepreneurs are assumed to choose the location of firms endogenously so as to minimize the costs of innovation, transport and living. The effects of such mechanisms are such that any policies that increase knowledge spillovers between locations will enhance growth and equality, but may be destabilizing for agglomeration.
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institution Curtin University Malaysia
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publishDate 2018
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spelling curtin-20.500.11937-673952018-08-14T01:45:54Z A regional model of endogenous growth without scale assumptions Bond-Smith, S. McCann, P. Oxley, Leslie Regional Studies Association. In this paper we model growth using a scale-neutral approach to innovation allowing differences between regions to emerge due to regional mechanisms. In this model, agglomeration is growth enhancing as the scale effect for innovation arises from greater access to knowledge rather than any assumed scale effects in growth-modelling techniques. Furthermore, entrepreneurs are assumed to choose the location of firms endogenously so as to minimize the costs of innovation, transport and living. The effects of such mechanisms are such that any policies that increase knowledge spillovers between locations will enhance growth and equality, but may be destabilizing for agglomeration. 2018 Journal Article http://hdl.handle.net/20.500.11937/67395 10.1080/17421772.2018.1392038 restricted
spellingShingle Bond-Smith, S.
McCann, P.
Oxley, Leslie
A regional model of endogenous growth without scale assumptions
title A regional model of endogenous growth without scale assumptions
title_full A regional model of endogenous growth without scale assumptions
title_fullStr A regional model of endogenous growth without scale assumptions
title_full_unstemmed A regional model of endogenous growth without scale assumptions
title_short A regional model of endogenous growth without scale assumptions
title_sort regional model of endogenous growth without scale assumptions
url http://hdl.handle.net/20.500.11937/67395