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Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector

Welfens, Paul J. J. - Institute for the Study of Labor (IZA) - 2015

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...

Persistent link: https://www.econbiz.de/10011265664

TOP TEAM DEMOGRAPHICS, INNOVATION AND BUSINESS PERFORMANCE: FINDINGS FROM ENGLISH FIRMS AND CITIES, 2008-9

Nathan, Max - European Regional Science Association - 2013

High levels of net migration to the UK have contributed to growing cultural diversity, and researchers are turning their attention to the long-term effects of diversity on productivity. Yet little is known about these issues. This paper asks: what are the links between the composition of firms'...

Persistent link: https://www.econbiz.de/10010740495

Structural Change and the Kaldor Facts of Economic Growth

Foellmi, Reto; Zweimüller, Josef - Institute for the Study of Labor (IZA) - 2002

We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...

Persistent link: https://www.econbiz.de/10005566639

Do Inventors Talk to Strangers? On Proximity and Collaborative Knowledge Creation

Crescenzi, Riccardo; Nathan, Max; Rodríguez-Pose, Andrés - Institute for the Study of Labor (IZA) - 2013

This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...

Persistent link: https://www.econbiz.de/10010721624

Development, growth and decline in Europe: New patterns of economic convergence and divergence?

Cornett, Andreas P.; Soerensen, Nils Karl - European Regional Science Association - 2013

structural and R&D policy the aim of the current paper is to assess, to what extent they have supported regional convergence, not … measure the impacts on regional convergence in a European (country wise) and urban-rural perspective. The first part of the … developments and perspectives until 2020. The second part considers the impact on the process of convergence of the current decline …

Persistent link: https://www.econbiz.de/10010740379

The Wider Economic Impacts of High-Skilled Migrants: A Survey of the Literature

Nathan, Max - Institute for the Study of Labor (IZA) - 2013

In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call...

Persistent link: https://www.econbiz.de/10010796455

Does Connectivity Impact Innovation Performance in Rural Regions?

Wassmann, Pia; Schiller, Daniel; Thomsen, Stephan - European Regional Science Association - 2014

There is a broad consensus in the literature in that R&D is a precondition for innovation and in turn, for economic growth. On the regional level, this implies that regions with a high stock of R&D should reveal better results when it comes to economic performance. This presumption has lead...

Persistent link: https://www.econbiz.de/10011075916