growth model can be a potential source of local indeterminacy. He also shows that on a high-growth path, the government, by … directly engaging in R&D activities and using R&D subsidies, may not enhance economic growth. On a low-growth path, the … government, by directly engaging in R&D activities and using R&D subsidies, may enhance economic growth. …

&D-based growth models with the return to innovation serving as the engine of growth. In this paper the authors consider the strength … institutional quality affect the economic growth and social welfare. It is found that the intermediate good firm with full IPR …, decreasing the IPR protection will increase the rent/franchise fee. The authors also show that the growth-maximizing effects of …

consumers, and what the growth potential of these goods is. While, all else equal, the North tends to lose more (or gain less …

growth strategy. …

We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U …. Therefore the secular decline of unemployment since the mid 1990s indeed stemmed from higher average productivity growth. The …

In this paper, we present a standard quality ladders endogenous growth model with one significant new assumption, that … do not export. We also find that trade iberalization promotes economic growth and that it has the opposite effect of … retarding economic growth in a closely comparable growth model with Melitz-type assumptions …