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structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …
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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...
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capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
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