Gylfason, Thorvaldur; Herbertsson, Tryggvi Thor; Zoega, … - C.E.P.R. Discussion Papers - 1998
, the rate of innovation and, hence, also the rate of growth of output will be lower in the long run, ceteris paribus …, because the rate of innovation is adversely affected. The model is tested on cross-section data for about 75 industrial and …