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population growth possible. The second is an improvement in institutions that promote innovation, such as property rights: the …
Persistent link: https://www.econbiz.de/10013245308
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In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...
Persistent link: https://www.econbiz.de/10012948079