A model of regional economic development with increasing returns

作     者：QIAN Edward Y. YAO Yao-jun CHEN Gary 

作者机构：Center for Research of Private Economy Zhejiang University Hangzhou 310027 China College of Finance Zhejiang Gongshang University Hangzhou 310018 China Department of Management Setenee University of Waterloo Waterloo ON N2L 3G1 Canada 

出 版 物：《Journal of Zhejiang University-Science A(Applied Physics & Engineering)》 (浙江大学学报（英文版）A辑（应用物理与工程）)

年 卷 期：2007年第8卷第1期

页      面：164-170页

核心收录：

学科分类：0810[工学-信息与通信工程] 02[经济学] 0202[经济学-应用经济学] 07[理学] 020202[经济学-区域经济学] 070104[理学-应用数学] 0805[工学-材料科学与工程（可授工学、理学学位）] 0701[理学-数学] 0812[工学-计算机科学与技术（可授工学、理学学位）] 

基　　金：Project (No. 362211) supported by the Social Science Foundation of Zhejiang Province  China 

主　　题：经济发展模型 区域经济 收益增长 动平衡 规模收益递增 

摘      要：This paper develops mathematically and empirically tractable regional and interregional model of economic devel-opment with increasing returns to scale (IRS) under the neoclassical assumptions. A one-sector, two-region model in which one region exhibits IRS is presented and the whole nation presents constant returns to scale. The development of the local IRS economy is shown to be constrained to a “moving equilibrium path. The preliminary empirical results are sufficiently supportive of the argument to encourage further research along the lines of the model. In particular, the neoclassical model does not predict negative coefficients on the real rental value of capital in regressions explaining population or employment relative to that in the nation.