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The Lindahl equilibrium in Schumpeterian growth models : knowledge diffusion, social value of innovations and optimal R&D incentives
Gray, Elie; Grimaud, André - 2014
What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...
Persistent link: https://www.econbiz.de/10010252161
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Contest for attention in a quality-ladder model of endogenous growth
Grossmann, Volker - 2003
unambiguously fosters innovation activity of firms, and possibly, leads to faster growth. This result rests on two premises which …
Persistent link: https://www.econbiz.de/10011509334
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Using the salop circle to study scale effects in Schumpeterian growth models : why inter-sectoral knowledge diffusion matters
Gray, Elie; Grimaud, André - 2016
This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard Schumpeterian growth model by introducing explicitly...
Persistent link: https://www.econbiz.de/10011515411
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The role of human capital and innovation in Prussian economic development
Cinnirella, Francesco; Streb, Jochen - 2013
causal effect of human capital on income, net of the innovation channel. …
Persistent link: https://www.econbiz.de/10009792180
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Growth effects of non proprietary innovation
Saint-Paul, Gilles - 2002
may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
Persistent link: https://www.econbiz.de/10011409970
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Growth and the geography of knowledge
Aloi, Marta; Poyago-Theotoky, Joanna; Tournemaine, … - 2018
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …
Persistent link: https://www.econbiz.de/10011810111
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Endogenous capital- and labor-augmenting technical change in the neoclassical growth model
Irmen, Andreas; Tabakovic, Amer - 2015
innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …
Persistent link: https://www.econbiz.de/10011404419
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Induced innovation, inventors, and the energy transition
Dugoua, Eugenie; Gerarden, Todd D. - 2023
increase mirroring the social cost of carbon. We find that the induced clean innovation response primarily comes from existing …
Persistent link: https://www.econbiz.de/10014383723
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Dynamic entry in vertically differentiated markets
Auer, Raphael A.; Sauré, Philip - 2016
We develop a model of vertical innovation in which firms incur a market entry cost and choose a unique level of quality …
Persistent link: https://www.econbiz.de/10011547909
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International labour market regulation and economic growth with creative destruction
Palokangas, Tapio K. - 2002
A multi-country Schumpeterian growth model is constructed when there is world-wide externality in technological knowledge. Households can enter the labour force as workers or become engineers at some cost. Production employs both workers and engineers while R&D uses only engineers. Workers are...
Persistent link: https://www.econbiz.de/10011541196