diffuses spatially across locations. The result is an endogenous growth theory that can shed light on the link between the …

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 …

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 …

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 …

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 …

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 …

degradation increases in the early stages of growth, but it eventually decreases as income exceeds a threshold level. The present …