While economists continue to debate whether individual economic policies, such as those contained in Willliamsons (1993) Washington Consensus, can help to spur growth in developing countries, this paper demonstrates that it is groups of policies that are more critical for growth. Policy...

When the home country introduces a patent law after the winner of the patent race is known the country's welfare may rise only if the domestic firm wins. If the home country decides before the patent race ends, the welfare may be increased when the probability that the domestic firm wins is...

This short paper analyzes Namibia's data from 1968 to 1992 in order to determine the role of exports in economic growth. The analysis confirms the general importance of exports, but finds no discernible sign of accelerated growth because of it. There is some evidence supporting the political...

This paper briefly summarizes and discusses that type of new growth models which are based on externalities created by investments in human capital. ***** TURKCE OZET: Bu makalede, yeni/içsel buyume modellerinin beseri sermayeye dayali turlerini ozetlemekte ve degerlendirmektedir. [Calisma...

This abstract will be reformatted upon submission. You don't need to format for line-breaks here!!!!! This will be a new paragraph but you can't indent - sorry. Now remember the good old days of cards. Punched holes in The Journal of Economic Perspectives (Summer, 1999: 3-114) published a...

This essay develops a transcendental variable elasticity of substitution (Trans-VES) production function in which hypotheses concerning scale, output-input, and substitution, elasticities can be examined. The objective is to determine the impacts of domestic resources on the pattern of economic...

This paper focuses on the allocation and growth effects of different types of subsidies aimed at rectifying the two distortions that occur in research-driven growth models of the Romer (1990) type. These distortions lead to a suboptimal growth rate and are caused by the monopolistic structure of...

This paper analyzes the effects of different sources of R&D funding and patent office attributes on the patenting process. Another important contribution is modeling the effect of a random delay in the ‘pendency’ time as a stochastic process and quantifying its effect on patenting. The...