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diffuses spatially across locations. The result is an endogenous growth theory that can shed light on the link between the …
Persistent link: https://www.econbiz.de/10008540415
between political stability and economic growth which is stronger and empirically more robust in countries with high … bureaucratic costs. Motivated by these results, which contrast with previous contributions, we develop a model of growth with … defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent …
Persistent link: https://www.econbiz.de/10008502103
This paper investigates the connection between resource abundance and innovation, as a transmission mechanism that can … elucidate part of the resource curse hypothesis; i.e. the observed negative impact of resource wealth on income growth. We … develop a variation of the Ramsey-Cass-Koopmans model with endogenous growth to explain the phenomenon. In this model …
Persistent link: https://www.econbiz.de/10005230839
This paper aims to enrich the standard toolbox for measuring diversity in economics. In so doing, we compare the indicators of diversity used by economists with those used by biologists and ecologists. Ecologists and biologists are concerned about biodiversity: the diversity of organisms that...
Persistent link: https://www.econbiz.de/10005385349
that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution … on life expectancy. It also shows that, in such a case, greener preferences are growth- and welfare-improving even if the …
Persistent link: https://www.econbiz.de/10005385426
This article investigates the influence of environmental policy on growth assuming that the channel of transmission … (1985) where growth is driven by a mechanism à la Romer (1986). We demonstrate that environmental policy has an ambiguous … effect on growth in the steady-state when the detrimental impact of pollution on health and lifetime is taken into account …
Persistent link: https://www.econbiz.de/10005385436
Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal … a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have …
Persistent link: https://www.econbiz.de/10009320995
degradation increases in the early stages of growth, but it eventually decreases as income exceeds a threshold level. The present …
Persistent link: https://www.econbiz.de/10009391480
Over the last two decades in OECD countries an increasing number of firms are obtaining certification as Socially Responsible (CSR is the acronym for Corporate Social Responsibility). Several studies (including Preston and O’Bannon, 1997; Waddock and Graves, 1997; McWilliams and Sieger, 2001; Ullman,...
Persistent link: https://www.econbiz.de/10010603761
(both the size and the “direction”) on the long-run growth driven by human capital accumulation à la Lucas (1988), when the …. decreases) the BGP rate of growth. When abatement services are produced with the final output, the environmental taxation does … not influence growth. …
Persistent link: https://www.econbiz.de/10008465533