| 1. |
- Nijkamp, P., et al.
(författare)
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Towards a regional science academy : A manifesto
- 2016
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Ingår i: Region. - : European Regional Science Association. - 2409-5370. ; 3:1, s. R1-R16
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Tidskriftsartikel (refereegranskat)abstract
- This Manifesto provides a joint proposal to create a Regional Science Academy as a think-tank support platform for a strategic development of the spatial sciences. The Regional Science Academy is a strategic spatial knowledge catalyst: it acts as a global intellectual powerhouse for new knowledge network initiatives and scholarly views on regions and cities as vital centrepieces of interconnected spatial systems. This contribution highlights its role and presents various activity plans.
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| 2. |
- Batabyal, Amitrajeet A. A., et al.
(författare)
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Creative capital, information and communication technologies, and economic growth in smart cities
- 2019
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Ingår i: Economics of Innovation and New Technology. - : ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD. - 1043-8599 .- 1476-8364. ; 28:2, s. 142-155
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Tidskriftsartikel (refereegranskat)abstract
- We study aspects of economic growth in a stylized smart city with two distinct features. First, the modeled inhabitants of this city are smart because they possess skills. Using the language of Richard Florida, these inhabitants comprise the city's creative class and hence they possess creative capital. Second, the city is smart because it uses information and communication technologies (ICTs) and we model one specific kind of ICT use. In this setting, we first derive expressions for three growth related metrics. Second, we use these metrics to show that the economy of smart city A converges to a balanced growth path (BGP). Third, we compute the growth rate of output per effective creative capital unit on this BGP. Fourth, we study how heterogeneity in initial conditions affects outcomes on the BGP by introducing a second smart city B into the analysis. At time t = 0 two key savings rates in city A are twice as large as in city B. We compute the ratio of the BGP value of income per effective creative capital unit in city A to its value in city B. Finally, we compute the ratio of the BGP value of skills per effective creative capital unit in city A to its value in city B.
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| 3. |
- Batabyal, Amitrajeet A., et al.
(författare)
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A political-economy analysis of the provision of urban anti-crime technologies in a model with three cities
- 2020
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Ingår i: Technological forecasting & social change. - : Elsevier BV. - 0040-1625 .- 1873-5509. ; 160
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Tidskriftsartikel (refereegranskat)abstract
- We use a theoretical political-economy model with three cities and analyze three questions. First, should police in these cities have access to contentious crime fighting technologies such as facial recognition software? We describe a condition involving benefit, cost, and spatial spillover terms which tells us when the police ought to be provided with this technology. Second, if police are to be offered this technology then what are the properties of a policy regime that provides this technology in a decentralized way? We identify a condition that depends only on benefit and cost terms which tells us when this technology is to be made available in the cities in a decentralized way. Finally, what are the properties of a policy regime that provides the technology in a centralized way with equal cost sharing by the cities? We obtain two conditions involving benefit and spatial spillover terms that describe scenarios in which (i) the technology is provided with majority voting in a city even though it is inefficient to do so and (ii) it is efficient to provide the technology in a city but majority voting will lead to this technology not being provided.
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| 4. |
- Batabyal, Amitrajeet A., et al.
(författare)
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A Two-Sector Model of Creative Capital Driven Regional Economic Growth
- 2018
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Ingår i: Journal of Quantitative Economics. - : Springer Nature. - 0971-1554 .- 2364-1045. ; 16:3, s. 831-840
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Tidskriftsartikel (refereegranskat)abstract
- We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity by supposing that the region under study has two sectors. The first sector uses physical capital {K(t) } and trained workers {A(t) W(t) } to produce creative capital {R(t) }. The second sector uses physical and creative capital to produce a final consumption good {Q(t) }. In this setting, we accomplish four tasks. First, we derive the equations of motion for physical capital per trained worker (k) and creative capital per trained worker (r). Second, we find combinations of k and r for which k˙ = r˙ = 0. Third, we investigate whether the economy of our creative region has a balanced growth path (BGP). Finally, assuming that our region is initially on a BGP, we study the impact of a permanent increase in the savings rate (s) on the trajectory of output per worker.
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| 5. |
- Batabyal, Amitrajent A., et al.
(författare)
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On pessimism and optimism by forward looking agents and the need for pensions
- 2018
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Ingår i: Asia-Pacific Journal of Regional Science. - : Springer Science and Business Media B.V.. - 2509-7954 .- 2509-7946. ; 2:1
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Tidskriftsartikel (refereegranskat)abstract
- We study whether pessimism and optimism about the future by forward looking agents provides a rationale for pensions. We first distinguish between an agent’s true and pessimistic preferences and then analyze whether this agent’s level of saving depends on the pessimism parameter (π) and how welfare measured by the agent’s true preferences depends on π. Next, we examine whether it is possible for pessimism to increase the agent’s true utility and then show that this kind of pessimism does not provide a rationale for pensions. Moving on to optimism, we study the need for a pay-as-you-go (PAYG) pension system when the agent is optimistic about the generosity of the PAYG system. This optimism is modeled with a parameter (ω). In this setting, we first study the impact that an increase in ω has on the agent’s saving and then examine whether this agent’s welfare increases or decreases in ω. Finally, we show that this kind of optimism does not justify the presence of the PAYG pension system.
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