Showing 1 - 10 of 52
exchanging ideas, solving work-related problems, generating new knowledge …
Persistent link: https://www.econbiz.de/10012759108
) from upper-tail knowledge. As a proxy for the historical presence of knowledge elites, we use city-level subscriptions to … firm survey from the 1840s, we shed light on the mechanism: upper-tail knowledge raised productivity in innovative …
Persistent link: https://www.econbiz.de/10013052500
In this paper we study how aggregate output responds to the arrival of a new General Purpose Technology (GPT) by looking at adjustment mechanisms that operate through labor markets. We show that under a wide set of circumstances the arrival of a new GPT that raises long-run output can trigger a...
Persistent link: https://www.econbiz.de/10013226171
Why do economies exhibit sustained growth in per capita income? This paper argues that endogenous fertility and increasing returns to scale are the fundamental ingredients in understanding endogenous growth. Endogenous fertility leads the scale of the economy to grow over time. Increasing...
Persistent link: https://www.econbiz.de/10013243627
We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve their products, while entrants engage in more "radical" innovations to replace incumbents. Our model provides a tractable framework for the analysis of growth driven by both entry...
Persistent link: https://www.econbiz.de/10013137600
We document an empirical relationship between the cross-country adoption of technologies and the degree of long-term historical relatedness between human populations. Historical relatedness is measured using genetic distance, a measure of the time since two populations' last common ancestors. We...
Persistent link: https://www.econbiz.de/10013114316
literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …
Persistent link: https://www.econbiz.de/10013116453
frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …
Persistent link: https://www.econbiz.de/10013106293
date, have largely concluded that patent pools have been associated with reduced rates of technical innovation in the … of innovation in product markets, rather than on indirect correlates of innovation (like patents), and by exploiting … product markets, and the rate of technical innovation in optical disc products. The analysis concludes that different …
Persistent link: https://www.econbiz.de/10013064214
innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10013064941