Showing 1 - 10 of 38
This paper presents a two-sector green endogenous growth model to explore a mechanism that explains why carbon … gives the economic means to enhance clean capital accumulation and sustain endogenous growth. Both carbon-intensive and … carbon-free capital may thus be needed for an efficient transition to green growth. …
Persistent link: https://www.econbiz.de/10012383739
We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free … by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it … impact effect of free inventions on growth is positive. …
Persistent link: https://www.econbiz.de/10011409970
This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the … engineers diverged in their growth trajectories over the next century. The results are supported by historical case studies from …
Persistent link: https://www.econbiz.de/10011602763
, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …
Persistent link: https://www.econbiz.de/10011810111
growth model with endogenous fertility. I show how refugee resettlement from a more advanced and wealthier economy to a less … economic growth in both economies. …
Persistent link: https://www.econbiz.de/10011814840
By merging individual data on valuable patents granted in Prussia in the late nineteenth century with county level information on literacy and income tax revenues we show that increases in the stock of human capital not only improved workers ́productivity but also accelerated innovative...
Persistent link: https://www.econbiz.de/10009792180
I build a quantitative model of economic growth that can be used to evaluate the impact of environmental policy … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …
Persistent link: https://www.econbiz.de/10012817938
I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces … interaction generates a balanced growth path that is observationally equivalent to that of the standard neoclassical growth model …, this change leads to faster growth in output per worker and wages, but it also yields higher unemployment and a lower labor …
Persistent link: https://www.econbiz.de/10014583789
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the …
Persistent link: https://www.econbiz.de/10011397182
more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10011398011