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innovation by incumbents. I am then also able to analyze the impact of inequality both on long-term growth and on the allocation … in the long-run growth rate, and to variations in the share of the overall R&D expenditures being undertaken by …
Persistent link: https://www.econbiz.de/10010617991
We introduce an AK spatial growth model with a general geographical structure. The dynamics of the economy is described …
Persistent link: https://www.econbiz.de/10010779580
innovation rates, and by extension on the economic growth rate. We demonstrate that a higher share of the population being poor … is detrimental to the rate of economic growth, while a redistribution of wealth from rich to poor consumers increases the …
Persistent link: https://www.econbiz.de/10008505487
changes in the whole income distribution and to distinguish between the effect of marginal distribution changes of income …
Persistent link: https://www.econbiz.de/10004985384
Le but de cet article est de montrer que le mécanisme de sélection naturelle des firmes peut entraver la croissance de la productivité agrégée de l’économie, et ce, contrairement aux résultats suggérés par la littérature théorique existante. Cette dernière considère que le...
Persistent link: https://www.econbiz.de/10011074983
This paper examines the dynamics of the skill supply and its incidence on economic growth in the presence of education … policies. When there are indivisibilities in the financing of human capital, small differences in the initial distribution of … skills may greatly affect the stationary distribution : the economy may end up in a "low skill trap", or in a high skill …
Persistent link: https://www.econbiz.de/10004985356
Une grande partie des politiques de développement repose sur l'envoi de transferts aux économies connaissant des difficultés de développement. Si ces aides semblent favorables au bien être des agents, leurs effets sur la croissance de long terme des économies restent ambigus ou parfois...
Persistent link: https://www.econbiz.de/10004985418
Nous présentons dans cet article un modèle à générations imbriquées avec capital humain qui permet de rendre compte de la diversité des systèmes publics de retraite par répartition. Notamment, ce modèle intègre la possibilité que les droits à pension d'une personne soient calculés...
Persistent link: https://www.econbiz.de/10004985481
We provide a North-South Schumpeterian growth model endogenously generating demand-driven patterns of vertical intra … and challengers, and by extension the long-run growth rate. We then investigate the impact of within-region redistribution …-run growth. We particularly find that a larger income gap within regions contributes to lowering growth and increasing the inter …
Persistent link: https://www.econbiz.de/10010734577
-end varieties is likely to affect its export growth and volatility. We show that a higher sensitivity to per capita income tends to … to benefit more from growth in more distant markets. …
Persistent link: https://www.econbiz.de/10010711712