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We explore the relationship between government size and economic growth in an endogenous growth model with human capital and an unproductive capital which facilitates rent-seeking. With exogenous as well as endogenous time discounting, we find a non-monotonic relationship between the size of...
Persistent link: https://www.econbiz.de/10012120573
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … - are thus much better than predicted by conventional R&D-based growth theory. …
Persistent link: https://www.econbiz.de/10008809945
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … countries - are thus much better than predicted by conventional R&D-based growth theory. …
Persistent link: https://www.econbiz.de/10009675344
To examine how human capital accumulation influences both economic growth and income inequality, we carefully endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how both relate to learning-by-doing and R&D intensity. In...
Persistent link: https://www.econbiz.de/10009781636
This paper presents an endogenous growth model of migration and technological diffusion with transitional dynamics, which provide explanations for the empirical pattern of the mobility transition. A two-skill group extension of this model offers new hypotheses regarding the skill composition of...
Persistent link: https://www.econbiz.de/10012020516
Persistent link: https://www.econbiz.de/10011631035
Persistent link: https://www.econbiz.de/10003784290
Wissen in Prototypen endogenen Wachstums der ''Neuen Wachstumstheorie'' aufgezeigt. Die Rolle von Wissen und Humankapital ist … dabei von zentraler Bedeutung. Die Formen des Wissens sind allgemein in fachspezifischem Humankapital inkorporiert. Anhand …
Persistent link: https://www.econbiz.de/10003784353
If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of … economic development" in a very original way and having formulated his theory in a specific language. He managed to identify … growth theory that have appeared in the nineties. The "real carrier of economic development" matches to the "human capital …
Persistent link: https://www.econbiz.de/10003935473
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … - are thus much better than predicted by conventional R&D-based growth theory. -- Endogenous growth ; R&D ; declining …
Persistent link: https://www.econbiz.de/10008906841