This article analyzes the relationship between growth and income distribution in developing countries. Three important … hypotheses are scrutinized: The U-hypothesis, the absolute income hypothesis and the hypothesis of conflict between growth and a …

The prize system for innovation has been criticized as impractical due to the lack of a workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinitely time domain as periodic bounties paid to holders of …

The prize system for innovation has been criticized as impractical due to the lack of any workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinite time domain as periodic bounties paid to holders of …

This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is … inequality, raises the intensity of research activities and the growth rate of the economy. …

specialization in favor of medium-tech firms rather than high-tech firms and consequently slows down the process of economic growth …. The results of the paper are consistent with documented data on Europe versus US productivity growth and specialization …

uses the Schumpeterian model of innovation-diffusion as a framework for the study of "why growth rates differ" between … finding of chapters 2-3 is that differences in the growth of national technological activities, whether measured through R …&D or patent statistics, contribute significantly to differences in economic growth and export performance across countries …

face random and lumpy investment opportunities in R&D. High growth rates of innovations, possibly higher than the real rate … patent and trademark office that minimizes the legal uncertainty surrounding patents as collateral and maximizes the growth …

growth over the period 1981-2005. The econometric relationships derived in this paper suggest that future reductions in CO2 …

We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution … and growth are endogenous. The authorities may provide two types of public services, public health and environmental … maintenance, that participate to increase agents' life expectancy and to sustain growth in the long term. We show that global …

growing economy, that is when population growth is optimal in the long-run, this egalitarian rule can only hold when (i) the …