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Wage Inequality, R&D Labor and R&D Productivity
Okada, Toshihiro - In: Economics Bulletin 32 (2012) 4, pp. 3036-3052
This paper examines the transitional dynamics of an R&D-based endogenous growth model with heterogeneous labor and …&D and the growth rate of labor productivity. This paper provides a complete dynamic analysis of the model. We argue that the …
Persistent link: https://www.econbiz.de/10011278751
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Innovation, Growth and Convergence in the Euro-Mediterranean Area: Implications for MENA Countries
Péridy, Nicolas - In: Economics Bulletin 30 (2010) 4, pp. 2978-2986
implications in terms of growth and convergence. Using a large set of innovation variables, we estimate a growth model à la Barro … which shows that differences in innovation between countries explain differences in growth of per capita GDP within this …
Persistent link: https://www.econbiz.de/10008692046
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Welfare Analysis in a Schumpeterian Growth Model with Capital
Kaul, Ashok; Reinthaler, Volker; Hagedorn, Marcus - In: Economics Bulletin 15 (2007) 7, pp. 1-6
planner is interested in the average technology whereas the private researcher is interested in the leading-edge technology …
Persistent link: https://www.econbiz.de/10010835818
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Technological efficiency and the welfare of the capital-poor in a simple model of endogenous growth
Guha, Subrata - In: Economics Bulletin 15 (2003) 1, pp. 1-9
welfare of infinitely-lived capital-poor agents in a simple model of endogenous growth with a convex technology. The trade …The note demonstrates the existence of a trade-off between technological efficiency (and economic growth) and the …-off can exist even when the wage rate for unskilled labour and its rate of growth are higher along growth paths associated …
Persistent link: https://www.econbiz.de/10005110655
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Skill gaps: existence and efficiency
Pueyo, Fernando; Sanso, Marcos - In: Economics Bulletin 15 (2002) 6, pp. 1-7
Given the interdependences between human capital accumulation and technological change, skill gaps may arise in equilibrium. However, they are not necessarily inefficient, and in this paper we present a model in which the simple absence of such a skill gap can be inefficient.
Persistent link: https://www.econbiz.de/10005110728
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Can population promote income per-capita growth? A balanced perspective
Tournemaine, Frederic - In: Economics Bulletin 15 (2007) 8, pp. 1-7
impact of population growth on economic development. We find that population growth can be positively or negatively … correlated with the growth rate of income per-capita. The outcome depends on the relative contribution of population and human … capital to the determination of output growth. …
Persistent link: https://www.econbiz.de/10005196423
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Final Goods Substitutability and Economic Growth
Oikawa, Koki - In: Economics Bulletin 15 (2007) 16, pp. 1-7
In this paper, I investigate the effect of substitutability among final goods on welfare growth under the environment … that productivity growth in each industry is not independent of one another. In such an environment, less substitutability … is favorable to the welfare growth rate and the steady state welfare level, contrasting to Baumol (1967) and Lucas (1988). …
Persistent link: https://www.econbiz.de/10005196434
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Welfare Analysis in a Schumpeterian Growth Model with Capital
Kaul, Ashok; Reinthaler, Volker; Hagedorn, Marcus - In: Economics Bulletin 15 (2007) 7, pp. 1-6
planner is interested in the average technology whereas the private researcher is interested in the leading-edge technology …
Persistent link: https://www.econbiz.de/10005094754
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Communication costs, network externalities, and long-run growth
Davis, Colin - In: Economics Bulletin 15 (2007) 5, pp. 1-9
that while a decrease in communication costs leads to growth in aggregate output, this growth is only transitional with the … growth rate falling to zero in the long run as the result of a congestion effect. …
Persistent link: https://www.econbiz.de/10005416799
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Barriers to technology adoption, international R and D spillovers and growth
Foster, Neil; Scharler, Johann; Crespo-Cuaresma, Jesus - In: Economics Bulletin 15 (2008) 3, pp. 1-7
barriers to technology adoption in affecting the benefits of such spillovers. Our results indicate that countries with less …
Persistent link: https://www.econbiz.de/10005416871