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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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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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Investment in New Activities and the Welfare Cost of Uncertainty
Aizenman, Joshua - 1995
Recent literature has highlighted the importance of new activities in development and growth. It was shown that trade distortions such as tariffs are associated with first-order costs stemming from the induced drop in the formation of new activities. This paper demonstrates that uncertainty may...
Persistent link: https://www.econbiz.de/10012473852
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Endogenous Innovation in the Theory of Growth
Grossman, Gene M. - 1993
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/10012474415
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Substitution and Complementarity in Endogenous Innovation
Young, Alwyn - 1993
technologies in recent models of endogenous innovation. Historical examples of technological change suggest that new technologies …
Persistent link: https://www.econbiz.de/10012474706
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A Model of Growth Through Creative Destruction
Aghion, Philippe - 1990
This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both...
Persistent link: https://www.econbiz.de/10012475814
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Quality Ladders and Product Cycles
Grossman, Gene M. - 1989
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/10012475836
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Structural Transformation, Industrial Specialization, and Endogenous Growth
Bustos, Paula - 2019
The introduction of new technologies in agriculture can foster structural transformation by freeing workers who find occupation in other sectors. The traditional view is that this reallocation of workers towards manufacturing can lead to industrial development. However, when workers moving to...
Persistent link: https://www.econbiz.de/10012479820
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Innovation, Growth, and Dynamic Gains from Trade
Hsu, Wen-Tai - 2019
trade affects the incentives for technological advancement. We construct an innovation-based endogenous growth model of … North-South trade. There are two types of innovation: one by the North to upgrade the general purpose technology (GPT) and … estimates where the effects of GPT-driven innovation are eliminated. The share of dynamic gains from trade is about 78% of the …
Persistent link: https://www.econbiz.de/10012480413
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Innovation, Diffusion, and Trade
Eaton, Jonathan - 2006
We explore the determinants of research specialization across countries and its consequences for relative wages. Using a dynamic Ricardian model we examine the effects of faster international technology diffusion and lower trade barriers on the incentive to innovate. In the absence of any...
Persistent link: https://www.econbiz.de/10012466280