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Switching from Patents to an Intertemporal Bounty in a Non-Scale Growth Model: Transitional Dynamics and Welfare Evaluation

Lin, Hwan C. - Volkswirtschaftliche Fakultät, … - 2012

The prize system for innovation has been criticized as impractical due to the lack of a workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinitely time domain as periodic bounties paid to holders of …

Persistent link: https://www.econbiz.de/10011259176

Switching from Patents to an Intertemporal Bounty in a Non-Scale Growth Model

Lin, Hwan C. - Volkswirtschaftliche Fakultät, … - 2012

The prize system for innovation has been criticized as impractical due to the lack of any workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinite time domain as periodic bounties paid to holders of …

Persistent link: https://www.econbiz.de/10010729014

An endogenous growth model with quality ladders and consumers’ heterogeneity

Marasco, Antonio - Volkswirtschaftliche Fakultät, … - 2002

This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is modelled through non homothetic preferences. We show that in such a model, unlike mainstream quality ladders models, the steady state equilibrium is characterised by a duopoly were...

Persistent link: https://www.econbiz.de/10005837179

Vækst og indkomstfordeling i udviklingslandene

Tarp, Finn - Volkswirtschaftliche Fakultät, … - 1981

This article analyzes the relationship between growth and income distribution in developing countries. Three important hypotheses are scrutinized: The U-hypothesis, the absolute income hypothesis and the hypothesis of conflict between growth and a more equal income distribution. After a review...

Persistent link: https://www.econbiz.de/10011274390

Does inequality affect the consumption patterns of the poor? – The role of “status seeking” behaviour

Marjit, Sugata; Santra, Sattwik; Hati, Koushik Kumar - Volkswirtschaftliche Fakultät, … - 2014

We consider a situation where the relatively ‘poor’ are concerned about their relative income status with respect to a relevant reference group. Such a concern is explicitly introduced in a utility function to study the consumption and saving behavior of the poor in terms of a static and...

Persistent link: https://www.econbiz.de/10011259208

Trust and Prosperity: A Conditional Relationship

Asongu, Simplice A.; Kodila-Tedika, Oasis - Volkswirtschaftliche Fakultät, … - 2013

The paper extends Breggren et al. (2008, EE) on ‘trust and growth: a shaky relationship” by incorporating recent developments in the trust-growth literature and using a robust methodological underpinning that accounts for the presence of outliers. The empirical evidence is based on 63...

Persistent link: https://www.econbiz.de/10011260692

Oil Exports, Non Oil GDP and Investment in the GCC Countries

Harb, Nasri - Volkswirtschaftliche Fakultät, … - 2008

This paper studies the long and short-run relationship between oil exports, non oil GDP and investment in five major oil exporting countries. Its goal is to verify the effect of natural resources exports on the economic performance. It considers the effect of cross sectional correlations and...

Persistent link: https://www.econbiz.de/10005025719

Causal Relationship Between Exports and Agricultural GDP in Pakistan

Memon, Manzoor Hussain; Baig, Waqar Saleem; Ali, Muhammad - Volkswirtschaftliche Fakultät, … - 2008

This paper is an attempt to investigate the causal relationships among agriculture and exports in Pakistan by using time series data for the period between 1971 and 2007. There are several efforts reflecting greater interest in exploring the possible relation between the international trade and...

Persistent link: https://www.econbiz.de/10005835581

Remittances, Migration and Informality in Mexico. A Simple Model

Brambila Macias, Jose - Volkswirtschaftliche Fakultät, … - 2008

In this paper, we analyse the possible channels through which informality, remittances and migration could interact and consequently affect growth in Mexico. In order to do so, we develop a simple endogenous growth model that allows for remittances and the coexistence of the formal and informal...

Persistent link: https://www.econbiz.de/10005835875

Education inequality, economic growth, and income inequality: Evidence from Indonesia, 1996-2005

Digdowiseiso, Kumba - Volkswirtschaftliche Fakultät, … - 2009

Abstract This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometric results from a cross-section analysis of 23 provinces in the period of 1996-2005 indicate that a higher level of human capital and...

Persistent link: https://www.econbiz.de/10008497658