This paper considers a model of endogenous growth with two sectors. It shows that it may be desirable to concentrate … research in one sector, and so have unbalanced growth, but that the pressure of competition in research may cause the private … sector to spread research too widely, and so have growth that is too balanced. It is also shown that even if private agents …

-2015. Available studies draw attention to the gap between observed and required growth rates, the difficulties of sustaining the …-offs between growth and redistribution in achieving the MDG have also been examined. The present study builds on earlier work in … examined at the global, regional and country levels. The gaps between required and observed growth rates of aggregate and …

intertemporal political economy model in which the government sets tax and R&D levels while investors respond with production …. Equilibrium policy and growth rates depend on initial cost structure. We find that in many (but not all) African countries, low …

the possible supply model of aid and public expenditure in which public infrastructure capital generates an inter …-specific biases. The model also allows for non-homothetic demands. We then use an extended version of this model, calibrated to …

This paper studies the efficient taxation of money and factor income in intertemporal optimizing growth models with …

equilibrium model with fully endogenous growth.  The framework includes disaggregated industrial and energy sectors, endogenous …

Why might there be a long-run trade-off between growth and unemployment? In general equilibrium, the returns on the … factors of production are interdependent. This paper develops a model where the determination of the wage is central to the … interest. If the wage grows in line with productivity, there is a positive relation between growth and unemployment. If the …

assistance in the presence of learning-by-doing externalities in recipient country export production. Using a two-period model … CGE model where the productivity externality may also interact with private capital accumulation. We show that for … reasonable values of key behavioural parameters, the potential growth and welfare gains from a (donor) revenue neutral re …

This paper examines the effects of fiscal and monetary policy in a two-sectorial endogenous growth model. …

three-by-three model based on these findings is developed in which structural change is caused by exogenous changes in … factor endowments.  A simulation of the model replicates the observed structural changes from the 1920s onwards, suggesting … that the decline of agriculture and rise of manufacturing can be explained by population growth once the land frontier had …