Regional income differences: A simulation approach

See, for example, William Warntz,Macrogeography and Income Fronts (“Regional Science Research Institute Monograph Series”, No. 3; Philadelphia, Pennsylvania: Regional Science Research Institute, 1965). Gunnar Myrdal,Economic Theory and Underdeveloped Regions (London: Gerald Duckworth, 1957). . . p. 18. See, for example, Thomas, H. Naylor, Joseph L. Balintfy, Donald S. Burdick and Kong Chu,Computer Simulation Techniques (New York: John Wiley and Sons, 1966). See, for example, Charles C. Holt “Validation and Application of Macroeconomic Models Using Computer Simulation”, in James S. Dusenberry, Gary Fromm, Lawrence R. Klein and Edwin Kuh (Eds.)The Brookings Quarterly Econometric Model of the United States (Chicago and Amsterdam: Rand McNally and North-Holland Publishing Co., 1965), pp 636–650. Kenneth J. Arrow, Hollis B. Chenery, Bagicha S. Minhas and Robert M. Solow, “Capital-Labour Substitution and Economic Efficiency,”Review of Economics and Statistics, Vol. 43 (August 1961), pp. 225–250. The article is brilliant but difficult to read. Easier to read is: Bagicha S. Minhas,An International Comparison of Factor Costs and Factor Use (“Contributions to Economic Analysis,” Vol. 31; Amsterdam: North-Holland Publishing Company, 1963); or Helmut Frisch, “Die CES-Funktion,”Zeitschrift für Nationalökonomie, Band XXIV, Heft 4 (1964), pp. 419–444. The formal proof can be found in Arrow, Chenery, Minhas and Solow,op. cit.; but it may be easier to read R. G. D. Allen,Macro-Economic Theory (London: Macmillan & Co., 1967), pp. 51–55. Minhas,op. cit., “Capital-Labour Substitution and Economic Efficiency,”Review of Economics and Statistics, Vol. 43 (August 1961), pp. 21–26. See Arrow, Chenery, Minhas and Solow,op. cit., “Capital-Labour Substitution and Economic Efficiency,”Review of Economics and Statistics, Vol. 43 (August 1961), pp. 240. and Minhas,op. cit., “Capital-Labour Substitution and Economic Efficiency,”Review of Economics and Statistics, Vol. 43 (August 1961), pp. 20. Allen,, p. 240. Allan R. Pred,The Spatial Dynamics of U. S. Urban-Industrial Growth: 1800–1914 (Cambridge, Mass.: The M. I. T. Press, 1966). Everett M. Rogers,Diffusion of Innovations (New York: The Free Press of Glencoe, 1962).