Journal of Urban Economics
Опубликовано на портале: 08-12-2003Elena Del Rey Journal of Urban Economics. 2001. Vol. 49. No. 2. P. 356-373.
This paper analyzes a game between two competing universities that teach and research in the same jurisdiction. The resulting equilibrium is unique and symmetric but differs according to preferences, technologies, and public policy. The budget for university finance is exogenously given and consists of a lump-sum amount and a per-student allocation. Under this finance structure, we are able to identify four types of equilibria characterized, respectively, by full-time teaching, full-time research, selective teaching plus research, and mass teaching plus research. Conditions for each of them to take place are derived. By manipulating the parameters of the finance scheme, the government can, in some cases, determine final levels of research and education quality.
Опубликовано на портале: 22-09-2003Raphael W. Bostic Journal of Urban Economics. 1997. Vol. 41. No. 1. P. 38-55.
This paper investigates the stylized empirical facts regarding U.S. urban growth in the 1880s. The author estimates the covariation of empirical proxies for various theorized sources of growth with the growth rates in output, capital, and labor. Results support Barro [Quarterly Journal of Economics, 106, 407-444 (1991)] and others who have found an important role for convergence and other neoclassical mechanisms. Importantly, it is found that externality-based factors impacted growth in inputs but had no direct relationship with productivity growth.