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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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Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies
Hemous, David - C.E.P.R. Discussion Papers - 2013
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...
Persistent link: https://www.econbiz.de/10011084402
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Human Capital, Innovation, and Climate Policy: An Integrated Assessment
Carraro, Carlo; De Cian, Enrica; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2012
This paper looks at the interplay between human capital and innovation in the presence of climate and educational … moderate, short-term consumption loss. Human capital is complement to all forms of innovation and an educational policy … stimulates both energy and general purpose innovation. This result has important policy implications considering the growing …
Persistent link: https://www.econbiz.de/10011084481
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The Evolution of Markets and the Revolution of Industry: A Quantitative Model of England's Development, 1300-2000
Desmet, Klaus; Parente, Stephen - C.E.P.R. Discussion Papers - 2009
must then become larger to break even, which facilitates amortizing the fixed costs of innovation. We demonstrate our …
Persistent link: https://www.econbiz.de/10005041097
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The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality
Hemous, David; Olsen, Morten - C.E.P.R. Discussion Papers - 2014
which replace low-skill labor and complement high-skill labor) and horizontal innovation (the introduction of new products …
Persistent link: https://www.econbiz.de/10011084688
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Structural Development Accounting
Gancia, Gino A; Müller, Andreas; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2011
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10008854520
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Cultural Assimilation, Cultural Diffusion and the Origin of the Wealth of Nations
Ashraf, Quamrul; Galor, Oded - C.E.P.R. Discussion Papers - 2007
innovation and their ability in fostering industrialization, the proposed theory suggests that the desirable degree of the …
Persistent link: https://www.econbiz.de/10005123872
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Factor Saving Innovation
Boldrin, Michele; Levine, David - C.E.P.R. Discussion Papers - 2002
conditions. The model provides a step toward a theory of endogenous innovation under conditions of perfect competition. …
Persistent link: https://www.econbiz.de/10005114155
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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011
dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …
Persistent link: https://www.econbiz.de/10009365645
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Innovation Beyond Patents: Technological Complexity as a Protection against Imitation
Henry, Emeric; Ruiz-Aliseda, Francisco - C.E.P.R. Discussion Papers - 2012
A large portion of innovators do not patent their inventions. This is a relative puzzle since innovators are often perceived to be at the mercy of imitators in the absence of legal protection. In practice, innovators however invest actively in making their products technologically hard to...
Persistent link: https://www.econbiz.de/10011084053