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This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard Schumpeterian growth model by introducing explicitly...
Persistent link: https://www.econbiz.de/10012984503
This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard Schumpeterian growth model by introducing explicitly...
Persistent link: https://www.econbiz.de/10011515411
Persistent link: https://www.econbiz.de/10012217151
Persistent link: https://www.econbiz.de/10010361601
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What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...
Persistent link: https://www.econbiz.de/10010252161
-country differences in the efficiency of foreign technology absorption and indigenous innovation lead to cross-country divergence in the … undertaking indigenous innovation tends to gain a higher level of energy productivity. …
Persistent link: https://www.econbiz.de/10010344238
What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...
Persistent link: https://www.econbiz.de/10013056813