2015 Fiscal Year Final Research Report
Innovation and economic growth: The theory of new economic geography
| Project/Area Number |
24730207
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Multi-year Fund |
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| Research Field |
Applied economics
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| Research Institution | Osaka University |
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Principal Investigator |
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| Project Period (FY) |
2012-04-01 – 2016-03-31
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| Keywords | 集積 / 労働時間 / 失業率 |
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| Outline of Final Research Achievements |
The agglomeration of firms in a region promotes the intensive innovation actitvities in the region which becomes the engine of the economic growth. The agglomeration of firms raises the real wage in a region which raises the working time of workers. The long working time increases the supply of labor which intensifies the innovation activieities in the region. With the long working time and the success of innovation, workers can get the higher nominal income. The high nominal income enables consumers to buy a large amount of goods, which enlarges the market size of the region. The firms agglomerate in the region, since the large market gives them high profits. In thise study, we show the above mechanims behind relationchip between the agglomeration and innovation.
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| Free Research Field |
都市経済学
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