In this paper we build an endogenous growth model where human capital and ideas are complements in the long-run equilibrium and technological progress takes the form of a continuous increase in the number of horizontally differentiated varieties of intermediate inputs. One peculiarity of the...

In this paper we build an endogenous growth model where human capital and ideas are complements in the long-run equilibrium and technological progress takes the form of a continuous increase in the number of horizontally differentiated varieties of intermediate inputs. One peculiarity of the...

In this paper we build an endogenous growth model where human capital and ideas are complements in the long-run equilibrium and technological progress takes the form of a continuous increase in the number of horizontally differentiated varieties of intermediate inputs. One peculiarity of the...

This paper overviews the main interactions between product market competition and long run growth.We focus on the first generation of R&D-based growth models and keep distinguished the vertical from the horizontal differentiation approaches. Our main objective is to study why these two branches...

This paper studies the economic determinants of the inter-sectoral allocation of skills within an R&Dbased growth model with human capital accumulation and imperfect competition. Using an aggregateR&D technology displaying constant returns to scale in human capital, I find that steady-state...

We build an expanding product variety endogenous growth model where both human capital and ideas are complements. One peculiarity of the economy under analysis is that in the sectors where both kinds of capital are accumulated no spillover effect does exist. Many insights arise from the model....

In this paper, we build a general model of horizontal product innovation and economic development, taking explicitely into account the most relevant insights stemming from the recent literature on this topic. What results from our analysis is that, when innovation is both deterministic and...

This paper overviews the main interactions between product market competition and long-run growth. We start with the first generation of R&D-based growth models and keep distinct the vertical from the horizontal differentiation approaches. Our main objective here is to study why these two...

Empirical evidence has recently pointed to the lack of any relationship between R&D intensity (variously defined and measured) and economic growth in the post-war period in the United States and other OECD countries. Using a framework that integrates human capital accumulation and purposive...

The influence of the intensity of competition in the product market on economic growth is analyzed by developing an endogenous growth model with horizontal innovation. Product market competition is measured by (1-Lerner index) and depends on both the share of factor inputs in total income and...