Showing 1 - 10 of 2,355
investment or international technology spillovers. This study is a major contribution to innovation, trade, FDI and growth …
Persistent link: https://www.econbiz.de/10011452235
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
innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger …
Persistent link: https://www.econbiz.de/10012517502
This paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new …
Persistent link: https://www.econbiz.de/10014286647
We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...
Persistent link: https://www.econbiz.de/10011410954
A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can increase product prices, lower competition, and reduce the availability of new products in small markets. The model's test is based on a unique nationwide fiscal experiment. We...
Persistent link: https://www.econbiz.de/10011411458
distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10011415064
Satiation of need is generally ignored by growth theory. I study a model where consumers may be satiated in any given … satiation. This, despite that the social costs of innovation are second order compared to their social benefits. Multiple … savings reduces interest rates, which boosts the rate of innovation. When TFP grows exogenously and labor supply is …
Persistent link: https://www.econbiz.de/10011704209
productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … find that not only is wage-induced innovation significant and quantitatively important, but also that it substantially … is predominantly driven by wage-induced innovation along with massive injection of heavily subsidized physical inputs in …
Persistent link: https://www.econbiz.de/10012179650
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