Narrow search
Showing 1 - 10 of 30
Cover Image
Human Capital, Basic Research, and Applied Research : Three Dimensions of Human Knowledge and Their Differential Growth Effects
Prettner, Klaus - 2014
We analyze the differential growth effects of basic research, applied research, and embodied human capital accumulation in an R&D-based growth model with endogenous fertility and endogenous education. In line with the empirical evidence, our model allows for i) a negative association between...
Persistent link: https://www.econbiz.de/10013059053
Cover Image
Innovation and growth with financial, and other, frictions
Chiu, Jonathan; Meh, Césaire Assah; Wright, Randall D. - 2011
a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and … innovation. First, intermediation allows us to finance more transactions with fewer assets. Second, it ameliorates certain …, suggesting that technology transfer is a significant source of innovation and showing how it is affected by credit considerations …
Persistent link: https://www.econbiz.de/10009355179
Cover Image
Institutional change and productivity growth in China's manufacturing 1998 - 2007 : the microeconomics of creative restructuring
Dosi, Giovanni; Lei, Jiasu; Yu, Xiaodan - 2013
This paper investigates firm-level dynamics of labour productivity in China's manufacturing sector over the 1998-2007. Underlying the aggregate evidence of dramatic growth of labour productivity, one observes a large, even if shrinking, intra-sectoral heterogeneity. A major process of both...
Persistent link: https://www.econbiz.de/10009721461
Cover Image
Growth and welfare effects of health care in knowledge based economies
Kuhn, Michael; Prettner, Klaus - 2012
We consider an endogenous growth model with Blanchard-Yaari-type overlapping generations that is built around four sectors: final and intermediate goods production, an R&D sector and a health care sector. Health care serves to lower mortality and morbidity, the latter being related to...
Persistent link: https://www.econbiz.de/10010352613
Cover Image
The past and future of knowledge-based growth
Strulik, Holger; Prettner, Klaus; Fürnkranz-Prskawetz, … - 2012
Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century. In order to resolve this problem we integrate R&D-based...
Persistent link: https://www.econbiz.de/10009619095
Cover Image
Growth and welfare effects of health care in knowledge based economies
Kuhn, Michael; Prettner, Klaus - 2012
We consider an endogenous growth model with Blanchard-Yaari-type overlapping generations that is built around four sectors: final and intermediate goods production, an R&D sector and a health care sector. Health care serves to lower mortality and morbidity, the latter being related to...
Persistent link: https://www.econbiz.de/10009624502
Cover Image
Growth and welfare effects of health care in knowledge based economies
Kuhn, Michael; Prettner, Klaus - 2012
We study the effects of a labor-intensive health care sector within an R&D-driven growth model with overlapping generations. Health care increases longevity and labor participation/productivity. We examine under which conditions expanding health care enhances growth and welfare. Even if the...
Persistent link: https://www.econbiz.de/10010358148
Cover Image
Demographic change and R&D-based economic growth : reconciling theory and evidence
Prettner, Klaus; Trimborn, Timo - 2012
In recent decades, most industrialized countries experienced declining population growth rates caused by declining fertility and associated with rising life expectancy. We analyze the effect of continuing demographic change on medium- and long-run economic growth by setting forth an R&D-based...
Persistent link: https://www.econbiz.de/10009615301
Cover Image
Growth and welfare effects of health care in knowledge based economies
Kuhn, Michael; Prettner, Klaus - 2012
We study the effects of a labor-intensive health care sector within an R&D-driven growth model with overlapping generations. Health care increases longevity and labor participation/productivity. We examine under which conditions expanding health care enhances growth and welfare. Even if the...
Persistent link: https://www.econbiz.de/10009674951
Cover Image
Demographic Change and R&D-Based Economic Growth : Reconciling Theory and Evidence
Trimborn, Timo - 2012
In recent decades, most industrialized countries experienced declining population growth rates caused by declining fertility and associated with rising life expectancy. We analyze the effect of continuing demographic change on medium- and long-run economic growth by setting forth an R&D-based...
Persistent link: https://www.econbiz.de/10013101165