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This book provides detailed empirical analysis of countries in Asia to examine various dynamic models that incorporate the impact of technology and innovations on the industry evolution and overall economic growth
Persistent link: https://www.econbiz.de/10012053892
Recent developments in economics have gone from the recognition of the importance of innovation for growth and the … exploration of innovation mechanisms to the incorporation of the results of the previous research into economic models. An … mechanisms of innovation creation and diffusion, the importance of agent heterogeneity, of market selection processes, of the …
Persistent link: https://www.econbiz.de/10013521216
barriers to sustainable innovation on the basis of real-life cases. It discusses why innovation-based income growth reduces … environmental impacts and how the huge global markets for sustainable innovation are currently hampered by protectionist policies … examined in the first case. It also focuses on regional tacit inventors, who spur innovation in tourism mobility thanks to the …
Persistent link: https://www.econbiz.de/10012397917
presented here compare the European and U.S. patterns in this regard. Moreover, Schumpeterian innovation dynamics as well as … energy policy issues receive attention. Considerable differences in innovation dynamics are reported across countries. The … book charts the role of different innovation systems and knowledge societies and highlights different policy approaches …
Persistent link: https://www.econbiz.de/10013521217
Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s...
Persistent link: https://www.econbiz.de/10012397147
This thesis uses neoclassical growth models to evaluate what effect the limited availability of nonrenewable resources has on the economy’s (world’s) growth potential. Markus Merz concludes that recycling may serve as a mid-term solution to continued growth, but technological progress is...
Persistent link: https://www.econbiz.de/10012397204
This book reconstructs Keynesian macroeconomics so that it is compatible with the neoclassical dynamic microeconomic theory. This theory adopts three postulates: rational expectations, perfect price flexibility, and exclusion of the money in utility function (MIU). Based on the new theoretical...
Persistent link: https://www.econbiz.de/10012402033
Introduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth Model -- Productive Government Spending, Public Debt and Growth -- Government Debt and Human Capital Formation -- Debt and Growth: Empirical Evidence -- Conclusion.
Persistent link: https://www.econbiz.de/10014021349
Optimal Growth and Endogenous Cycles -- Optimal Growth and Chaotic Dynamics -- Global Dynamics in Optimal Growth Models -- Dynamic Models with Non-concave Technologies -- Stochastic Optimal Growth Models -- Indeterminancy in Exogenous Growth Models -- Interdeterminancy in Endogenous Growth Models
Persistent link: https://www.econbiz.de/10013522947
This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern...
Persistent link: https://www.econbiz.de/10013523131