This paper presents a Schumpeterian endogenous growth model in which a steady state exists with a constant growth rate … from rising with population. All the usual comparative statics results of Schumpeterian growth theory are valid, including … the positive effect of R & D subsidies on growth …

Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based … on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by …; (ii) firm dynamics; (iii) the relationship between growth and development with the notion of appropriate growth …

inequality when workers are ex-ante equal, but their adaptability to new technologies is subject to stochastic factors that are … the demand for adaptable workers. In the model the rise in within-group inequality is mainly transitory, and is mirrored …

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 interacts with development and cross-country convergence and …

Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based … on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by …; (ii) firm dynamics; (iii) the relationship between growth and development with the notion of appropriate growth …

Schumpeterian growth theory has “operationalized” Schumpeter’s notion of creative destruction by developing models … based on this concept. These models shed light on several aspects of the growth process which could not be properly … market structure; (ii) firm dynamics; (iii) the relationship between growth and development with the notion of appropriate …

Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models … based on this concept. These models shed light on several aspects of the growth process which could not be properly … market structure; (ii) firm dynamics; (iii) the relationship between growth and development with the notion of appropriate …

Schumpeterian growth theory has "operationalized" Schumpeter's notion of creative destruction by developing models … based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed … market structure; (ii) firm dynamics; (iii) the relationship between growth and development with the notion of appropriate …

This paper revisits the relationship between health and growth in light of modern endogenous growth theory. We propose … a unified framework that encompasses the growth effects of both the rate of improvement of health and the level of … of improvement in life expectancy both have a significantly positive impact on per capita GDP growth. Then, restricting …