IDEAS home Printed from https://ideas.repec.org/p/sie/siegen/90-00.html
   My bibliography  Save this paper

A Macroeconomic Growth Model of Competing Regions

Author

Abstract

In the growth context, this paper concentrates on the supply-demand determination of regional equilibrium incomes in regional goods markets as a framework for discussing the implications of competition among regions. Prices at the regional and national level are fixed so that all variables are of real magnitudes; there are no money markets. Regional factor stocks (private and public capital, labor force in the form of human capital) and regional demand set up the barriers to economic growth (cf. generally Barro, Sala-i-Martin (1995)). The analysis is restricted to two regions embedded in the State. The supply side of the model is represented by different regional production function is which generate regional factor demand. Demand-side determination of equilibrium regional incomes arises from the definitions of national accounting enriched by basic behavioral relationships. Substantial consideration is given to the equalization of regional supply and demand in diverging cases (e.g., excess demand in one of the two regions). Changes in factor stocks (differential equations) maintain the dynamics of the model. Regional competition is expressed by variations of regional and state parameters. Their numerical influences on growth will be dealt with in Bobzin (2000).

Suggested Citation

  • Walter Buhr, 2000. "A Macroeconomic Growth Model of Competing Regions," Volkswirtschaftliche Diskussionsbeiträge 90-00, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
    • Handle: RePEc:sie:siegen:90-00
    as

    Download full text from publisher

    File URL: http://www.wiwi.uni-siegen.de/vwl/repec/sie/papers/90-00.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Walter Buhr, 2003. "What is infrastructure?," Volkswirtschaftliche Diskussionsbeiträge 107-03, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sie:siegen:90-00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael Gail (email available below). General contact details of provider: https://edirc.repec.org/data/fwsiede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.