Endogenous Growth in a Spatial Economy: The Impact of Globalization on Innovations and Convergence

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY Accounts of Chemical Research Pub Date : 2020-09-03 DOI:10.1177/0160017620946095
Dani Broitman, D. Czamanski
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引用次数: 9

Abstract

In this article we explore the claim that spatial interactions among cities are significant drivers of their growth. We assert that reallocation of ideas among cities is a source of improved allocation of resources. We propose a closed economy, agent-based model that is in constant flux. It is populated by autonomous agents that compete and adjust constantly their behavior in reaction to the conditions they perceive. The economy is a dynamic, self-organizing system. We focus on the intensity of globalization as the critical economic process that explains differences in convergence and divergence in the system. The means by which the extent of globalization affects the long-run performance of economies is the geographic reach of new ideas and their conversion into innovations. The question that plays out in our model is the relative influence of globalization and the localized entrepreneurial ecology on innovation. When the globalization is weak, new firms are limited by the market value of their own city. As the globalization strengthens, more and more new firms belong to the global playground. We demonstrate that in line with empirical literature, the gross domestic product of our urban system increases greatly with the increase in globalization level.
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空间经济的内生增长:全球化对创新和趋同的影响
在本文中,我们探讨了城市之间的空间相互作用是其增长的重要驱动力的说法。我们认为,在城市之间重新分配思想是改善资源分配的一个来源。我们提出一个封闭的、基于主体的、不断变化的经济模型。它由自主的主体组成,这些主体根据感知到的条件不断竞争和调整自己的行为。经济是一个动态的、自组织的系统。我们将重点放在全球化的强度上,作为解释体系中趋同和分歧差异的关键经济过程。全球化程度影响经济长期表现的手段是新思想的地理范围及其转化为创新。在我们的模型中出现的问题是全球化和本地化的创业生态对创新的相对影响。当全球化程度较弱时,新企业受到所在城市市场价值的限制。随着全球化的加强,越来越多的新企业加入到全球化的舞台上。实证研究表明,随着全球化水平的提高,我国城市体系的国内生产总值显著增加。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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