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LESSONS ABOUT GROWTH, CONVERGENCE AND TRADE FROM ANALYTICAL AND NUMERICAL SOLUTIONS OF A 2x2 OVERLAPPING GENERATIONS MODEL FOR A GROWING-POPULATION ECONOMY

Sayan, Serdar; Jelassi, Mehdi - Society for Computational Economics - SCE - 2005

±gurations, and investigate implications of the initial conditions for convergence and growth. We then proceed to study the … sensitivity of dynamic equilibrium to changes in the population growth rate and explore how differences in demographic … countries that are identical except for population growth rates in much the same way as done in the Heckscher-Ohlin (HO) model …

Persistent link: https://www.econbiz.de/10005537515

Determinants of Public Health Outcomes: A Macroeconomic Perspective

Ricci, Francesco; Zachariadis, Marios - Society for Computational Economics - SCE - 2006

This paper investigates the nature of the aggregate production function of health services. We build a model to analyze the role of public policy in determining social health outcomes, taking into account households choices concerning education, health related expenditures and saving. In the...

Persistent link: https://www.econbiz.de/10005706209

Investment-Specific Technical Change and the Production of Ideas

Samaniego, Roberto M - Society for Computational Economics - SCE - 2005

I argue that an aggregate model in which the generation of knowledge is an important factor of economic growth can be … productivity even when the generation of knowledge is the predominant channel through which economic growth takes place. The … reconciled with several otherwise puzzling empirical findings on this link if knowledge affects output through investment …

Persistent link: https://www.econbiz.de/10005706272

Complex dynamics in a Pasinetti-Solow model of Growth and distribution

Commendatore, Pasquale - Society for Computational Economics - SCE - 2004

The one-sector neoclassical growth model (Solow, 1956,RES) can generate only simple dynamics. The dynamic properties of … complex dynamic behaviour. We study some of the properties of a discrete-time version of the two-class model of growth and …

Persistent link: https://www.econbiz.de/10005345243

The Economics of Free and Open Source Software

Hawkins, Richard E. - Society for Computational Economics - SCE - 2001

An economic model of the profit-seeking firm seeking to deploy "Open Source" or "Free" software. Both firms considering "purchase" and development of such software are considered. Open Source software as a public good. Such software is a quasi-public good which will sometimes, but not always,...

Persistent link: https://www.econbiz.de/10005706732

Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange Rates

Turnovsky, Stephen J.; Morshed, A.K.M. Mahbub - Society for Computational Economics - SCE - 2005

Empirical evidence suggests (i) that the real exchange rates of developing economies show less persistence than do those of more advanced economies and (ii) that the elasticity of substitution between capital and labor tends to increase from below unity for less developed economies to above one...

Persistent link: https://www.econbiz.de/10005343037

Capital Mobility and spillovers within a modular approach to multiregion modeling

Leimbach, Marian; Edenhofer, Ottmar - Society for Computational Economics - SCE - 2005

on a Ramsey type economic growth model, on the one hand, and on the balance of payment concept, on the other hand. The …

Persistent link: https://www.econbiz.de/10005343052

Investment-Specific and Multifactor Productivity in Multi-Sector Open Economies:Data and Analysis

Guerrieri, Luca; Henderson, Dale - Society for Computational Economics - SCE - 2005

In the last half of the 1990s, labor productivity growth rose in the U.S. and fell almost everywhere in Europe. We … document changes in both capital deepening and multifactor productivity (MFP) growth in both the information and communication … technology (ICT) and non-ICT sectors. We view MFP growth in the ICT sector as investment-specific productivity (ISP) growth. We …

Persistent link: https://www.econbiz.de/10005345090

Fiscal Policy in a Two-Sector Economy with Public Capital and Congestion

Pintea, Mihaela - Society for Computational Economics - SCE - 2004

sensitive to this aspect. The introduction of congestion decreases the steady state growth rate of the economy. The relative … of fiscal policy and the tradeoffs these involve for economic performance, especially growth and welfare. …

Persistent link: https://www.econbiz.de/10005345314

Learning-by-Doing, Hi-Tech Consumption and Productivity Resurgence

Venturini, Francesco - Society for Computational Economics - SCE - 2004

This paper presents a growth model where the technological externality (learning-by-doing) generated by ICT is the key … mechanism for development. If hi-tech assets are able to engender increasing returns, as being knowledge (or R&D) based or … consuming aims. Therefore, hi-tech consumption may emerge as a complementary source (with respect to investment) of growth in …

Persistent link: https://www.econbiz.de/10005345343