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that optimality calls for the urban and the rural governments to subsidize the two wages …
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We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the leading...
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This paper uses a dynamic model to study the effects of technology and learning on the long run economic growth rates of a leading and a lagging region. New technologies are developed in the leading region but technological improvements in the lagging region are the result of learning from the...
Persistent link: https://www.econbiz.de/10014037393
The Canada Dry pensions system is in some countries one of the frequent routes to early retirement. It constitutes an informal substitute for early retirement programs. Accordingly, firms lay off aged workers they find costly for what they produce and, to get their support, supplement...
Persistent link: https://www.econbiz.de/10014054643
with wages in the intermediate range join the retired persons to form a majority and vote for a positive level of social …
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We discuss a prospective, theoretical research agenda about the connections between entrepreneurship, innovation, and multi-regional economic growth and welfare. This agenda advocates the use of endogenous economic growth theory and advances in new economic geography to analyze models that will...
Persistent link: https://www.econbiz.de/10014136238