Regional Economic Growth and Steady States with Free Factor Movement: Theory and Evidence from Europe
This paper develops a spatial theoretical growth model in order to study the impact of physical and human capital relocations on the growth of open economies. Analytical and simulation results show how the respective neighbours determine an economy's development, why convergence and divergence...
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| Format: | Others |
| Language: | en |
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WU Vienna University of Economics and Business
2015
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| Online Access: | http://epub.wu.ac.at/4548/1/Sardadvar_ePub_1.pdf |