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We provide what to the best of our knowledge is the first theoretical analysis of the total effects of human capital use, innovative activity, and patent protection, on economic growth in a model with many regions. In each region, consumers have constant relative risk aversion preferences, there...
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We provide what to the best of our knowledge is the first theoretical analysis of the total effects of human capital use, innovative activity, and patent protection, on economic growth in a model with many regions. In each region, consumers have constant relative risk aversion preferences, there...
Persistent link: https://www.econbiz.de/10014160221
We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a … define a lagging to leading region technology ratio, study its stability properties, and then use this ratio to ascertain the …
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