Showing 1 - 10 of 22,078
-driven economic growth model with labor mobility and a demographic structure of overlapping generations. The model shows that there is … a natural tendency for core-periphery structures to emerge in modern knowledge-based economies. …
Persistent link: https://www.econbiz.de/10011799845
The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast … costly knowledge codification in an overlapping generations framework of endogenous growth and show that the steady …-state growth rate of capital being higher than that of the knowledge stock is a sufficient condition for knowledge codification …
Persistent link: https://www.econbiz.de/10003459422
The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast … costly knowledge codification in an overlapping generations framework of endogenous growth and show that the steady …-state growth rate of capital being higher than that of the knowledge stock is a sufficient condition for knowledge codification …
Persistent link: https://www.econbiz.de/10014051784
We introduce a gender wage gap into basic one-good textbook versions of the neo-Kaleckian distribution and growth model … and productivity growth. For the closed economy model, reducing the gender wage gap has no effect on the profit share, and … growth we find an unambiguously expansionary effect of narrowing the gender wage gap on long-run equilibrium capital …
Persistent link: https://www.econbiz.de/10012213998
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies … foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property …
Persistent link: https://www.econbiz.de/10011472013
When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in … efficiency imposed by thermodynamic laws. In this paper, I develop a growth model that explicitly accounts for endogenous … trigger a full transformation toward green growth. …
Persistent link: https://www.econbiz.de/10012257316
context of a general equilibrium model of innovation-led growth. In the model, innovation comes from entrant firms creating …
Persistent link: https://www.econbiz.de/10012125472
. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the … endogenous emergence of industry clusters. Spatial variations in knowledge spillovers lead to spatial concentration of more …
Persistent link: https://www.econbiz.de/10011810111
The present paper aims to explore the role of philanthropic private donations to knowledge creation in Greek … philanthropy on fostering human capital development and knowledge creation in Greece. Our analysis shows that private donations are …
Persistent link: https://www.econbiz.de/10011843948
Long run economic growth goes along with structural change. Recent work has identified explanatory factors on the … demand side (non-homothetic preferences) and on the supply-side, in particular differential productivity growth across … these trends. The interplay of differences in productivity growth and in the substitution elasticity across sectors drive …
Persistent link: https://www.econbiz.de/10010235832