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<sub>j</sub> where X<sub>j</sub> is an explanatory variable such as creative capital and a and b are positive constants. Here, we study …
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absolute convergence case. Finally, suppose y_j^BGP=a bX_j where X_j is an explanatory variable such as creative capital and a …
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by supposing that the region under study has two sectors. The first sector uses physical capital {K(t)} and trained … workers {A(t)W(t)} to produce creative capital {R(t)}. The second sector uses physical and creative capital to produce a final … consumption good {Q(t)}. In this setting, we accomplish four tasks. First, we derive the equations of motion for physical capital …
Persistent link: https://www.econbiz.de/10012910586
We study the effects of patent protection on economic growth in the ith region when this ith region is part of an aggregate economy of i=1,...,N regions. The regulatory authority in the ith region attempts to curtail the monopoly power of patent holding input producers by requiring them to...
Persistent link: https://www.econbiz.de/10012960371
We study the effects of patent protection on economic growth in the ith region when this ith region is part of an aggregate economy of i=1,...,N regions. The regulatory authority in the ith region attempts to curtail the monopoly power of patent holding input producers by requiring them to...
Persistent link: https://www.econbiz.de/10012999043
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by supposing that the region under study has two sectors. The first sector uses physical capital {K(t)} and trained … workers {A(t)W(t)} to produce creative capital {R(t)}. The second sector uses physical and creative capital to produce a final … consumption good {Q(t)}. In this setting, we accomplish four tasks. First, we derive the equations of motion for physical capital …
Persistent link: https://www.econbiz.de/10012949724