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Schooling, Labor Force Quality, and Economic Growth
Hanushek, Eric A. - 1995
Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10012473468
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Schooling, Labor Force Quality, and Economic Growth
Hanushek, Eric A.; Kim, Dongwook - 2000
Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10014158648
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Foreign ownership and employment growth in Indonesian manufacturing
Lipsey, Robert E.; Sjöholm, Fredrik; Sun, Jing - 2010
Many developing countries would like to increase the share of modern or formal sectors in their employment. One way to …, previous research on the issue has been limited by the paucity of long data sets for firm operations. We examine employment … from domestic ones. Employment growth is relatively high in foreign-owned establishments, although foreign firms own …
Persistent link: https://www.econbiz.de/10003954453
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Young, Restless and Creative : Openness to Disruption and Creative Innovations
Acemoglu, Daron - 2015
choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted across … measures of creative innovations proxy for innovation quality (average number of citations per patent) and creativity (fraction …
Persistent link: https://www.econbiz.de/10013034169
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Health, Human Capital Formation and Knowledge Production : Two Centuries of International Evidence
Madsen, Jakob B. - 2012
-adjusted educational attainment among the working age population based on their health status during the time they did their education …
Persistent link: https://www.econbiz.de/10013099411
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Endogenous Innovation in the Theory of Growth
Grossman, Gene M. - 2010
This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, we review the implications of neoclassical growth theory and the more recent theories of 'endogenous growth'. Then we discuss the empirical evidence that...
Persistent link: https://www.econbiz.de/10012763516
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Buy, Keep or Sell : Economic Growth and the Market for Ideas
Akcigit, Ufuk - 2016
An endogenous growth model is developed where each period firms invest in researching and developing new ideas. An idea increases a firm's productivity. By how much depends on how central the idea is to a firm's activity. Ideas can be bought and sold on a market for patents. A firm can sell an...
Persistent link: https://www.econbiz.de/10013006902
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A Theory of Growth and Volatility at the Aggregate and Firm Level
Comin, Diego; Mulani, Sunil - 2021
This paper presents an endogenous growth model that explains the evolution of the first and second moments of productivity growth at the aggregate and firm level during the post-war period. Growth is driven by the development of both (i) idiosyncratic R&D innovations and (ii) general innovations...
Persistent link: https://www.econbiz.de/10013224700
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Quality Ladders and Product Cycles
Grossman, Gene M.; Helpman, Elhanan - 2021
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these … maximizing entrepreneurs. The steady-state equilibrium is characterized by constant aggregate rates of innovation and imitation …
Persistent link: https://www.econbiz.de/10013235883
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Innovating Firms and Aggregate Innovation
Klette, Tor Jakob; Kortum, Samuel S. - 2021
We develop a parsimonious model of innovating firms rich enough to confront firm-level evidence. It captures the dynamic behavior of individual heterogenous firms, describes the evolution of an industry with simultaneous entry and exit, and delivers a general equilibrium model of technological...
Persistent link: https://www.econbiz.de/10013248388