We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …

constant relative risk aversion preferences, there are negative externalities in innovation, and there are three kinds of …

knowledge spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … innovative activity with a special emphasis on the role of knowledge spillovers. We investigate two major renewable energy … technologies or sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by …