Time and space in economics

In August 2005, a small but important conference took place at Chuo University in Tokyo, Japan. The Chuo Meeting on Economics of Time and Space 2005 (Chuo METS 05) aimed to enrich the respective disciplines of the economics of time (dynamic economics) and the economics of space (spatial economics) and to expand their applicability in the real world. The chapters contained herein are based on the papers presented at that conference.

Reiner FrankeHiroyuki YoshidaGang GongMika Kato and Willi Semmler and Marvin OforiToichiro AsadaPeter FlaschelAkitaka Dohtani and Toshio Inaba and Hiroshi OsakaAkio Matsumoto and Mami Suzuki and Yasuhisa SaitoJunichi MinagawaDavid M. BrasingtonJaakko Simonen and Philip McCannRickard E. WallMasahiro Yabuta and Yasuhito YamanishiTatsuaki Kuroda and Kazutoshi MiyazawaToshiharu IshikawaFrederick Guy

Preface	p. V
I Economics of Time: Keynesian Macrodynamics
1 A Sophisticatedly Simple Alternative to the New-Keynesian Phillips Curve	p. 3
2 Harrodian Dynamics Under Imperfect Competition: A Growth-Cycle Model	p. 29
3 Endogenous Technical Change: The Evolution from Process Innovation to Product Innovation	p. 41
4 Tobin's q and Investment in a Model with Multiple Steady States	p. 55
5 Significance of the Keynesian Legacy from a Theoretical Viewpoint: A High-Dimensional Macrodynamic Approach	p. 81
II Economics of Time: Nonlinear Dynamics
6 Instability Problems and Policy Issues in Perfectly Open Economies	p. 99
7 Corridor Stability of the Neoclassical Steady State	p. 129
8 Time-Delayed Dynamic Model of Renewable Resource and Population	p. 145
9 A Determinantal Criterion of Hopf Bifurcations and Its Application to Economic Dynamics	p. 161
III Economics of Space: Empirical Analysis
10 Public- and Private-School Competition: The Spatial Education Production Function	p. 175
11 Innovation, R&D Cooperation, and the Geography of Regional Labor Acquisition	p. 205
12 Taxation of Car Commuters' Employer-Subsidized Parking	p. 227
13 Forest Protection System and Optimal Land-Use Management Policy in Japan	p. 239
IV Economics of Space: Theoretical Analysis
14 Railway Competition in a Park-and-Ride System	p. 265
15 An Analysis of the Relationship Between Manufacturer's Profit and Spatial Economic Structure in the Retail Market	p. 283
16 Redistribution Through Local Competition	p. 297
Subject Index	p. 309

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