This paper presents an endogenous growth model with intertemporally dependent preferences and "Ak" technology. We … derive sufficient conditions for a balanced growth path to be an equilibrium, provide a full characterization of the … equilibrium dynamics of the economy, and explore the implications of habit formation for the patterns of cross-country growth and …

This paper presents an endogenous growth models with intertemporally dependent preferences and "Ak" technology. We … derive sufficient conditions for a balanced growth path to be an equilibrium, provide a full characterization of the … equilibrium dynamics of the economy, and explore the implications of habit formation for the patterns of cross-country growth and …

that links the growth of capital stock to value added for both the euro-area countries and the Anglo-Saxon countries. This …

time. To this end we propose a general equilibrium model that delivers two structural relations. On the one hand, the … vested interests across sectors determines public policy decisions. The model predicts that different initial sectoral …

growth performance directly or indirectly through the above exogenous shocks. The focus, mostly but not exclusively … economic growth. …

differences. We then study the relationship between productivity growth at the sectoral level and size structure. We find a … positive and robust association between average firm size and growth. Asking why size should matter for growth, we consider the … role of innovative activity, to construct a test based on the differential effect of size on growth according to various …

results indicate that lower service regulation translates into faster value added, productivity, and export growth of … downstream service-intensive industries. The negative growth-effect of anti-competitive regulation is particularly relevant in …