Optimal Growth Economics is concerned with the investigation of the contemporary issues in general economics, and growth economics and in the formulation of optimal growth programs, especially the issue of the sustainability of growth. This book proposes the development of optimal growth...

Description innovation is universally recognized as an important source of economic growth. Patents may be considered as a potential measure of innovation. As such, patents may alter isoquant maps, and measuring their elasticities is both intuitively and empirically appealing. This book...

The main purpose of this book is to enhance the understanding of differences in productivity performance between countries and sectors and to improve our insight in the drivers of productivity levels and its growth. Due to demographics the speed-up of productivity growth will be of increasing...