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Firm Dynamics Support the Importance of the Embodied Question
Gabler, Alain; Licandro, Omar - C.E.P.R. Discussion Papers - 2009
endogenous growth model where selection and imitation play a fundamental role in helping capital good producers to learn about … technical progress and selection of around 60%. …
Persistent link: https://www.econbiz.de/10008459764
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Economic growth and the design of search engines
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2009
greater hit score increases market size. A selection effect by which consumers are more picky and select higher quality goods …
Persistent link: https://www.econbiz.de/10005666414
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Phases of Imitation and Innovation in a North-South Endogenous Growth Model
Chui, Michael; Currie, David; Levine, Paul L; Pearlman, … - C.E.P.R. Discussion Papers - 1996
: imitation of Northern products; imitation and innovation; and finally, innovation only. In particular, the model has the … that the possible equilibria depend on cross-country assimilation effects and the ease of imitation. We then apply the …
Persistent link: https://www.econbiz.de/10005124314
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Technological Diffusion, Convergence and Growth
Barro, Robert J.; Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1995
We construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical growth model. In the long run the world growth rate is driven by discoveries in those economies that lead in their use of technology. Followers converge towards leaders because...
Persistent link: https://www.econbiz.de/10005504608
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Distance to Frontier, Selection, and Economic Growth
Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002
innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … approaches the technology frontier, selection becomes more important. As a result, countries at early stages of development … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …
Persistent link: https://www.econbiz.de/10005789082
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Ownership and Growth
Gylfason, Thorvaldur; Herbertsson, Tryggvi Thor; Zoega, … - C.E.P.R. Discussion Papers - 1998
This paper introduces state-owned enterprises into an endogenous-growth model with an expanding variety of inputs. It shows that, if state firms are less efficient than private firms in organizing labour and also in adopting new technology, the rate of innovation and, hence, also the rate of...
Persistent link: https://www.econbiz.de/10005123742
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Quality Improvements in Models of Growth
Barro, Robert J.; Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1994
Technological progress takes the form of improvements in the quality of an array of intermediate inputs to production. In an equilibrium that is standard in the literature, all research is carried out by outsiders, and success means that the outsider replaces the incumbent as the industry...
Persistent link: https://www.econbiz.de/10005067489
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Political Institutions and Economic Growth
Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2007
We analyze the impact of micro-founded political institutions on economic growth in an overlapping-generations economy, where individuals differ in preferences over a public good (as well as in age). Labour and capital taxes finance the public good and a public input. The benchmark institution...
Persistent link: https://www.econbiz.de/10005504348
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On the Taxation of Human and Physical Capital in Models of Endogenous Growth
Milesi-Ferretti, Gian Maria; Roubini, Nouriel - C.E.P.R. Discussion Papers - 1996
This paper studies the effects of factor income taxation and of subsidies to human capital accumulation in models of endogenous growth. It examines in particular how these effects depend on the specification of the leisure activity and on the technology and tax treatment of the sector producing...
Persistent link: https://www.econbiz.de/10005114284
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Regional Cohesion: Evidence and Theories of Regional Growth and Convergence
Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1994
After arguing that the concepts of b-convergence and s-convergence are independently interesting, this paper extends the empirical evidence on regional growth and convergence across the United States, Japan, and five European nations. We confirm that the estimated speeds of convergence are...
Persistent link: https://www.econbiz.de/10005114384