作者:Francois, JF; Nelson, D
作者单位:Tinbergen Institute; Tulane University
摘要:Division of labour models have become a standard analytical tool, along with competitive general equilibrium models (Ricardian, HOS, Ricardo-Viner), in public finance, trade, growth, development and macroeconomics. Yet unlike the earlier models, these models lack a canonical graphical representation. This is because they are both new and complex, characterised by multiple equilibria, instability and emergent structural properties under parameter transformation. We develop a general framework f...
作者:Peretto, P; Smulders, S
作者单位:Tilburg University
摘要:We present an endogenous growth model in which the scale effect may be positive or negative, but vanishes asymptotically. The mechanism behind this result provides a microfoundation for models that exploit the interaction of growth and market structure to remove the scale effect. When more firms are active, the economy is more specialised in that firms are less likely to work on related problems. This increase in technological distance reduces the spillovers between firms. A larger economy wit...
作者:Barros, PP; Garoupa, N
作者单位:Universidade Nova de Lisboa
摘要:This paper introduces spatial-location models into the economics of religion. We offer a new explanation for the observed tendency of state (monopoly) churches to locate toward the 'low-tension' end of the 'strictness continuum'; obtained through the conjunction of 'benevolent preferences' (denominations care about the aggregate utility of members) and asymmetric costs of going to a more or less strict church than one prefers. We derive implications regarding the relationship between religious...