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Human capital accumulation is introduced in a growth model with R&D-driven expansion in variety and quality of intermediate goods and knowledge spillovers from both research activities. Economic growth is no longer uniquely tied to population growth as previous growth models without scale...
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In this paper, I propose a life cycle model of occupational choice with endogenous health behavior, aging, and longevity. Health-demanding work leads toa faster accumulation of health deficits and is remunerated with a hazard markup onwages. Health deficit accumulation is also influenced by...
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in productivity growth. It helps to explain the historical emergence of R&D-based growth and the subsequent emergence of … population growth and innovative activity turns negative during economic development. This “population-productivity reversal …
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Malthusian model, we find that productivity growth in agriculture has no effect on subsistence income. More importantly, we also …, but also with productivity in manufacturing. -- Malthusian Model ; Subsistence Income. …
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