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Human Capital, Basic Research, and Applied Research : Three Dimensions of Human Knowledge and Their Differential Growth Effects
Prettner, Klaus - 2014
We analyze the differential growth effects of basic research, applied research, and embodied human capital accumulation in an R&D-based growth model with endogenous fertility and endogenous education. In line with the empirical evidence, our model allows for i) a negative association between...
Persistent link: https://www.econbiz.de/10013059053
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Chapter 2 Growth with Quality-Improving Innovations: An Integrated Framework
Aghion, Philippe; Howitt, Peter - 2005
In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...
Persistent link: https://www.econbiz.de/10014023785
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Carbon taxes, path dependency and directed technical change: Evidence from the auto industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - 2012
innovation distinguishing between dirty (internal combustion engine) and clean (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10010294270
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Carbon taxes, path dependency and directed technical change : evidence from the auto industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2012
innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10009687266
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Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2013
innovation distinguishing between 'dirty' (internal combustion engine) and 'clean' (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10014161819
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Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2014
innovation distinguishing between “dirty" (internal combustion engine) and “clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10014163071
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Parental Education and Invention : The Finnish Enigma
Aghion, Philippe; Akcigit, Ufuk; Hyytinen, Ari; … - 2023
Why is invention strongly positively correlated with parental income not only in the US but also in Finland which displays low income inequality and high social mobility? Using data on 1.45M Finnish individuals and their parents, we find that: (i) the positive association between parental income...
Persistent link: https://www.econbiz.de/10014255610
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Institutional change and productivity growth in China's manufacturing 1998 - 2007 : the microeconomics of creative restructuring
Dosi, Giovanni; Lei, Jiasu; Yu, Xiaodan - 2013
This paper investigates firm-level dynamics of labour productivity in China's manufacturing sector over the 1998-2007. Underlying the aggregate evidence of dramatic growth of labour productivity, one observes a large, even if shrinking, intra-sectoral heterogeneity. A major process of both...
Persistent link: https://www.econbiz.de/10009721461
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Science, Technology and Innovation for Economic Growth : Linking Policy Research and Practice in 'Stig Systems'
Aghion, Philippe - 2014
the dynamics of science, technology and innovation and their relationship to economic growth. Considering the approach …
Persistent link: https://www.econbiz.de/10012708682
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Growth and welfare effects of health care in knowledge based economies
Kuhn, Michael; Prettner, Klaus - 2012
We consider an endogenous growth model with Blanchard-Yaari-type overlapping generations that is built around four sectors: final and intermediate goods production, an R&D sector and a health care sector. Health care serves to lower mortality and morbidity, the latter being related to...
Persistent link: https://www.econbiz.de/10010352613