Narrow search
Showing 1 - 10 of 82
Cover Image
Distribution and growth in an economy with limited needs
Saint-Paul, Gilles - 2001
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
Cover Image
Culture, institutions and the wealth of nations
Gorodnichenko, Yuriy; Roland, Gérard - 2010
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10009007836
Cover Image
Growing out of the crisis : hidden assets to Greece's transition to an innovation economy
Herrmann, Benedikt; Kritikos, Alexander - 2013
innovation-friendly environment, resulting in a low export ratio given the small size of the country and its long-time EU …
Persistent link: https://www.econbiz.de/10010128350
Cover Image
Innovation, inequality and a golden rule for growth in an economy with Cobb-Douglas function and an R&D sector
Welfens, Paul J. J. - 2015
capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592
Cover Image
Artificial intelligence against COVID-19 : an early review
Naudé, Wim - 2020
Artificial Intelligence (AI) is a potentially powerful tool in the fight against the COVID- 19 pandemic. Since the outbreak of the pandemic, there has been a scramble to use AI. This article provides an early, and necessarily selective review, discussing the contribution of AI to the fight...
Persistent link: https://www.econbiz.de/10012199140
Cover Image
Return of the Solow paradox? : IT, productivity, and employment in US manufacturing
Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2014
An increasingly influential "technological-discontinuity" paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some...
Persistent link: https://www.econbiz.de/10010236437
Cover Image
Engineers, innovative capacity and development in the Americas
Maloney, William F.; Caicedo, Felipe Valencia - 2014
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10010370094
Cover Image
Social capital, innovation and growth : evidence from Europe
Akçomak, I. Semih (contributor); Weel, Bas ter (contributor) - 2008
This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …
Persistent link: https://www.econbiz.de/10003656921
Cover Image
Firm-level upgrading in developing countries
Verhoogen, Eric - 2021
various dimensions of upgrading - learning, quality upgrading, technology adoption, and product innovation. The second part …
Persistent link: https://www.econbiz.de/10012698696
Cover Image
Welfare analysis in a Schumpeterian growth model with capital
Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10011401108