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This paper describes a simple model of technology adoption which combines the two engines of growth emphasized in the recent growth literature: human capital accumulation and technological progress. Our model economy does not create new technologies, it simply adopts those that have been created...
Persistent link: https://www.econbiz.de/10005777813
The authors suggest that there are important opportunities to empirically evaluate the theoretically predicted channels from policy to growth. They propose a research agenda based on the endogenous growth literature, designed to address the questions: How do national policies affect long-run...
Persistent link: https://www.econbiz.de/10005115983
Persistent link: https://www.econbiz.de/10000888063
This paper describes a simple model of technology adoption which combines the two engines of growth emphasized in the recent growth literature: human capital accumulation and technological progress. Our model economy does not create new technologies, it simply adopts those that have been created...
Persistent link: https://www.econbiz.de/10012474251
Persistent link: https://www.econbiz.de/10007011016
This paper describes a simple model of technology adoption which combines the two engines of growth emphasized in the recent growth literature: human capital accumulation and technological progress. Our model economy does not create new technologies, it simply adopts those that have been created...
Persistent link: https://www.econbiz.de/10013232907