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context, we examine ideas production and international knowledge spillovers in a panel of 31 EMEs by accounting for six … diffusion channels and two types (national versus USPTO) of patent filings. Knowledge spillovers to EMEs accruing from (i) the …) those within the regional clusters of EMEs, are modeled. Spillovers from the industrialized world appear robust via …
Persistent link: https://www.econbiz.de/10012930598
Previous research on optimal R&D subsidies has focussed on the long run. This paper characterizes the optimal time path of R&D subsidization in a semi-endogenous growth model, by exploiting a recently developed numerical method. Starting from the steady state under current R&D subsidization in...
Persistent link: https://www.econbiz.de/10013139245
density. We show that endogenous technological progress causes structural change if there are positive productivity spillovers … from the modern to the traditional sector and Engel's law holds. In turn, urban congestion effects cause a productivity …
Persistent link: https://www.econbiz.de/10013118683
We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
Persistent link: https://www.econbiz.de/10013009852
demand side (non-homothetic preferences) and on the supply-side, in particular differential productivity growth across … these trends. The interplay of differences in productivity growth and in the substitution elasticity across sectors drive … find that differences in productivity growth rates between manufacturing and services have been the most important driver …
Persistent link: https://www.econbiz.de/10013059021
each sector's R&D activity are, the higher the marginal productivity of labor in R&D is, and eventually the higher the …
Persistent link: https://www.econbiz.de/10012984503
We analyze the role of electricity storage for technological innovations in electricity generation. We propose a directed technological change model of the electricity sector, where innovative firms develop better electricity storage solutions, which affect not only the relative competitiveness...
Persistent link: https://www.econbiz.de/10012986171
change out of agriculture in the United States …
Persistent link: https://www.econbiz.de/10012988235
R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth ("strong scale effect") or the level of per capita income ("weak scale effect"), with far-reaching policy implications. However, for modern times there is little empirical support...
Persistent link: https://www.econbiz.de/10013316550
density. We show that endogenous technological progress causes structural change if there are positive productivity spillovers … from the modern to the traditional sector and Engel’s law holds. In turn, urban congestion effects cause a productivity …
Persistent link: https://www.econbiz.de/10009367391