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Capital Income Taxation and Long Run Growth : New Perspectives

Razin, Assaf - 1995

We study the effects of capital income taxation on long run growth in an endogenous growth framework with two distinguishing features: endogenous population and international capital mobility. Endogenizing population growth introduces a new channel for taxes to affect economic growth and enables...

Persistent link: https://www.econbiz.de/10012473865

Capital Levies and Transition to a Consumption Tax

Kaplow, Louis - 2006

The merits of capital levies depend on the likelihood of repetition, the extent of anticipation, and its effects on distribution. The relevance of these features, which in varying degrees is underdeveloped or underappreciated in pertinent literatures, is elaborated and then considered with...

Persistent link: https://www.econbiz.de/10012466409

The Economics of Inefficient Technology Use

Beaudry, Paul - 2007

The adoption and diffusion of technological knowledge is generally regarded as a key element in a country's economic success. However, as is the case with most types of information, the transfer of technological knowledge is likely to be subject to adverse selection problems. In this paper we...

Persistent link: https://www.econbiz.de/10012465146

Trade, Knowledge Spillovers, and Growth

Grossman, Gene M. - 1990

In this paper, we examine one channel through which the trade regime might affect growth in the long run. We model endogenous technological progress that results from profit maximizing investments by far-sighted entrepreneurs. Productivity in the research lab depends upon the "stock of knowledge...

Persistent link: https://www.econbiz.de/10012475542

Equilibrium Technology Diffusion, Trade, and Growth

Perla, Jesse - 2015

We study how opening to trade affects economic growth in a model where heterogeneous firms can choose to adopt a new technology already in use by other firms. We characterize the growth rate using summary statistics of the profit distribution--the ratio of profits between the average and...

Persistent link: https://www.econbiz.de/10012457785

Book-Value Wealth Taxation, Capital Income Taxation, and Innovation

Guvenen, Fatih; Kambourov, Gueorgui; Kuruşçu, Burhanettin - National Bureau of Economic Research - 2024

taxation be structured to improve productivity, incentivize innovation, and ultimately increase welfare? We study these … by introducing either ex ante innovation or entrepreneurial effort in production and show that this strengthens our … innovation and entrepreneurial effort, leading to larger increases in productivity, output, and welfare …

Persistent link: https://www.econbiz.de/10014576614

Adoption Curves and Social Interactions

Brock, William A. - 2009

This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...

Persistent link: https://www.econbiz.de/10012463584

Innovations and Technological Spillovers

Nadiri, M. Ishaq - 1993

In this paper we analyze the evidence from a large number of studies on three specific questions pertaining to R&D investment: (1) Are there diminishing returns to inventive activities? (2) What is the relationship between R&D and productivity and what are the magnitudes of the returns to a...

Persistent link: https://www.econbiz.de/10012474527

Endogenous Product Cycles

Grossman, Gene M. - 1989

We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer …

Persistent link: https://www.econbiz.de/10012476141

Blockchain for Timely Transfer of Intellectual Property

Cai, Dongling; Qian, Yi; Ning, Nan - National Bureau of Economic Research - 2023

This article adopts a marketing perspective to examine how blockchain technology can facilitate innovation by …

Persistent link: https://www.econbiz.de/10014226110

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