n.a.

We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.

Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital?s share in factor income determines...

?Innovation und Technischer Fortschritt im Energiebereich? ist das Thema des Modellexperiment V des Forums für Energiemodelle. In diesem Zusammenhang sollen die am Experiment beteiligten Modelle in Bezug auf die Abbildung von technischem Fortschritt verbessert und unterschiedliche Szenarien...