Showing 1 - 10 of 943
India’s states. In this paper, we bridge this gap in research by looking at India’s services growth at the sub …-national level and in doing so, also challenge existing literature by arguing that this growth has positive implications for income … services are and we provide evidence for this both in terms of traditional measures of sigma- and beta-convergence and more …
Persistent link: https://www.econbiz.de/10009246879
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in African countries, disaggregated into 11 …, while human development supports the exogenous growth model and rejects the endogenous theory, its income component suggests …
Persistent link: https://www.econbiz.de/10009422021
This paper reviews the experience of sustained growth in Spain and those countries belonging to the G7 in light of … Kaldor’s stylized facts, as well as the process of Spain’s convergence towards the most developed countries. We analyze … sources of growth over the extensive period of 1970-2001, and in particular the effects of both direct and indirect technical …
Persistent link: https://www.econbiz.de/10005040714
This paper investigates the convergence of wage and salary disbursements per job and compensation of employees per job … growth rates between 1990 and 2010 for four regions in the United States. This paper finds that the American States are …
Persistent link: https://www.econbiz.de/10011113314
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
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
This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is … inequality, raises the intensity of research activities and the growth rate of the economy. …
Persistent link: https://www.econbiz.de/10005837179
In this paper I consider the 1991 Grossman-Helpman model which analyses the role of innovation on growth. The model …-Helpman model unchanged, I analyse the influence of the rate of innovation on three variables: the rate of growth of final output …
Persistent link: https://www.econbiz.de/10008497657
specialization in favor of medium-tech firms rather than high-tech firms and consequently slows down the process of economic growth …. The results of the paper are consistent with documented data on Europe versus US productivity growth and specialization …
Persistent link: https://www.econbiz.de/10005616679
innovation to economic growth. This paper is based on the theorem that was built up in the paper that I wrote in 2007 entitled … properties of knowledge. This paper shall us the short term properties of knowledge to explain the relationship between growth … and Knowledge. Stuart Kauffman of the university of Calgary believes that “Conventional economic theories about growth and …
Persistent link: https://www.econbiz.de/10005621752