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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
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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
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
für Wirtschaftsforschung Halle sowie Mitglied der Forschungsgruppe „Innovation, Produktivität und wirtschaftliche Dynamik“. …
Persistent link: https://www.econbiz.de/10014018394
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
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This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which...
Persistent link: https://www.econbiz.de/10013520497
One of the most striking macroeconomic developments during the last three decades is the rise and persistence of large fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from recurrent large fiscal imbalances that often reflect...
Persistent link: https://www.econbiz.de/10013520531