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Goldin and Katz's The Race between Education and Technology is a monumental achievement that supplies a unified …
Persistent link: https://www.econbiz.de/10011014332
- creating superstar teachers and a winner-take-all education system. These important concerns notwithstanding, we contend that a … major impact of web-based educational technologies will be the democratization of education: educational resources will be …
Persistent link: https://www.econbiz.de/10010951360
driven by social returns to education. The instrumentals for average schooling are derived from information on the child … instrument for individual schooling. This results in precisely estimated private returns to education of about seven percent, and …
Persistent link: https://www.econbiz.de/10005828475
democratization of education: not only will educational resources be more equally distributed, but also lower-skilled teachers will be …
Persistent link: https://www.econbiz.de/10013060418
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses 'dirty' machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10010272399
We develop a microeconomic model of endogenous growth where clean and dirty technologies compete in production and innovation–in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more advanced to start with, the potential transition to...
Persistent link: https://www.econbiz.de/10012148265
This paper constructs a model of non-balanced economic growth. The main economic force is the combination of differences in factor proportions and capital deepening. Capital deepening tends to increase the relative output of the sector with a greater capital share (despite the equilibrium...
Persistent link: https://www.econbiz.de/10004977929
We develop a microeconomic model of endogenous growth where clean and dirty technologies compete in production and innovation—in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more advanced to start with, the potential transition to...
Persistent link: https://www.econbiz.de/10011098928
This paper revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three...
Persistent link: https://www.econbiz.de/10011262792
We develop a microeconomic model of endogenous growth where clean and dirty technologies compete in production and innovation. in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more advanced to start with, the potential transition to...
Persistent link: https://www.econbiz.de/10011095220