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Innovate to lead or innovate to prevail : when do monopolistic rents induce growth?

Piazza, Roberto; Zheng, Yu - 2019

This paper extends the Schumpeterian model of creative destruction by allowing followers' cost of innovation to …

Persistent link: https://www.econbiz.de/10012155163

Fair and inclusive markets : why dynamism matters

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …

Persistent link: https://www.econbiz.de/10012517949

Tracing productivity growth channels in the UK

Garcia-Macia, Daniel; Korosteleva, Julia - 2021

traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation …, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by … recovery, survey data suggests that creative destruction (i.e., innovation replacing other firms' products) is expected to gain …

Persistent link: https://www.econbiz.de/10012795165

[Rezension von: Entrepreneurship, growth, and innovation, the dynamics of firms and industries, ed. by Enrico Santarelli]

Aguirregabiria, Victor - In: Journal of economic literature 45 (2007) 1, pp. 198-201

Persistent link: https://www.econbiz.de/10003471904

[Rezension von: Institutions, innovation and growth, selected economic papers, ed. by Jean-Philippe Touffut]

Greenstein, Shane M. - In: Journal of economic literature 43 (2005) 2, pp. 523-525

Persistent link: https://www.econbiz.de/10003094599

[Rezension von: Grossman, Gene M., ..., Innovation and growth in the global economy]

Romer, Paul Michael - In: Journal of economic literature 31 (1993) 1, pp. 276-278

Persistent link: https://www.econbiz.de/10001345793

[Rezension von: Scherer, F. M., Innovation and growth]

Levin, Richard C. - In: Journal of economic literature 24 (1986) 1, pp. 126-128

Persistent link: https://www.econbiz.de/10001341332

Institutions, innovations, and Growth

Xu, Chenggang - 1999

The fundamental importance of economic institutions for economic growth through their impact on technological change has been argued, reconfirmed by recent empirical studies, but not examined theoretically. This paper tries to fill that gap. In the model proposed, economic growth is affected by...

Persistent link: https://www.econbiz.de/10014403467

Nominal Exchange Rates and Nominal Interest Rate Differentials

Nadal-De Simone, Francisco - 1999

This paper reexamines some unsettled theoretical and empirical issues regarding the relationship between nominal exchange rates and interest rate differentials and provides a model for the behavior of exchange rates in the long run, where interest rates are determined in the bond market. The...

Persistent link: https://www.econbiz.de/10014400414

Deer Hunting : Misalignment, Debt Accumulation, and Desired Equilibrium Exchange Rates

Taylor, Mark P. - 1993

This paper deals with hysteresis in the desired equilibrium exchange rate (DEER) arising from misalignment. When the actual real exchange rate departs from its DEER value, current account realizations--and consequently, debt service obligations--will differ from those assumed in the initial DEER...

Persistent link: https://www.econbiz.de/10014396472

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