There is good reason to believe that R&D influences on TFP growth in other sectors are indirect.For R&D to spill over …, it must first be successful in the home sector.Indeed, observed spillovers conform better to TFP growth than to R&D in … the upstream sectors.Sectoral TFP growth rates are thus interrelated.Solving the intersectoral TFP equation resolves …

the context of two partial equilibrium endogenous growth models. In our first model, the scale of fickle outside … investment funds traces out a meanvariance tradeoff for the growth rate of the economy. In particular, the volatility of these … regulation of outside investment may increase growth. Our second model involves increasing returns and multiple equilibria. In …

This paper develops a two-sector endogenous growth model with a dual labour market. Trade unions strive for the … extraction of as high a rent as possible from the growth generating imperfectly competitive primary sector. This union behaviour … and growth are negatively dependent on the relative strength of the union. An increase in concentration in the high …

This paper develops a two-country two-sector endogenous growth model with a dual labour market based on efficiency … wages. Growth is driven by Research done in the (high-tech) tradeable sector. The follower country tends to grow faster the … is shown that a shift in preferences towards non-tradeables can explain a global slowdown in economic growth. …

This paper analyses the effects of reducing unfunded social security and population ageing on economic growth and … sector.Productivity growth only occurs in the latter sector and is assumed to depend positively on its size.It is shown that …-run growth and thus welfare in a small open economy, whereas current generations are better off.However, reducing social security …

endogenous growth with factor income taxes, a tax on consumption, non-productive public goods expenditures, and a labour … endogenous growth models. We find that for the euro area an improvement in the long-run government budget balance is always …

We analyze the social optimality of growth and product variety in a model of endogenous growth. The model contains two … differentiated input used in the assembly sector. Growth results from R&D performed by firms in the intermediate goods sector aimed …, (ii) a business stealing effect, and (iii) a growth effect. The market provides too little variety and suboptimally high …

resist. Successful resistance blocks adoption and hence lowers growth. Finally, we analyse the effects of tougher competition … favours economic growth as it increases the share of the rent associated with the new technology that is being captured by the …

transition as a change in "general purpose technology" (GPT) and investigate how it interferes with economic growth driven by …; environmental policy; technological change; economic growth; …