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innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity … on the market size for innovation. At the same time, for a given labor supply, taxing capital also reduces innovation …
Persistent link: https://www.econbiz.de/10010822886
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010655943
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …
Persistent link: https://www.econbiz.de/10005670440
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010822929