The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

The paper revisits the debate on trickle-down growth in view of the widely discussed evolution of the earnings and … dynamically evaluate whether economic growth triggered by an increase in public education expenditure on behalf of those with high …. Interestingly, although the expansion of education leads to sustained increases in the skill premium, income inequality follows an …

productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … change in China has been induced by sharp increase in input prices that have accompanied its rapid economic growth. Utilizing … buffers a long-term decline in TFP growth that would otherwise be quite substantial. We conclude that China's economic growth …

This paper attempts to add to the understanding of the causes for the differing recent developments in inequality in … these shocks and countryspecific institutions are responsible for the diverging inequality patterns. The paper suggests a … to be responsible for the divergent developments in inequality. …

-country patterns quite well. -- occupational choice ; entrepreneurship ; firm size ; firm entry ; growth ; skill-biased technical …

employment growth. This result is robust to a variety of other explanations including industry composition, routinisation, and …