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Economies respond differently to aggregate shocks that reduce output. While some countries rapidly recover their pre-crisis trend, others stagnate. Recent studies provide empirical support for a link between aggregate growth and plant dynamics through its effect on productivity: the entry and...
Persistent link: https://www.econbiz.de/10013225158
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A …
Persistent link: https://www.econbiz.de/10008906821
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A …
Persistent link: https://www.econbiz.de/10009665630
Persistent link: https://www.econbiz.de/10008934951
This paper proposes a theory for the evolution of knowledge diffusion and growth over the very long run. A feedback … mechanism between capital accumulation and knowledge spillovers creates a unified growth theory that explains a long epoch of … produced by market R&D activities. -- Endogenous growth ; knowledge spillovers ; R&D ; globalization ; unified growth theory …
Persistent link: https://www.econbiz.de/10003817154
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A …
Persistent link: https://www.econbiz.de/10014163873
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A …
Persistent link: https://www.econbiz.de/10014210334
This paper reviews the evolving literature that links financial development, financial crises, and economic growth in the past 20 years. The initial disconnect -- with one literature focusing on the effect of financial deepening on long -- run growth and another studying its impact on volatility...
Persistent link: https://www.econbiz.de/10012943988