Showing 1 - 10 of 7,550
This paper develops an endogenous growth model that incorporates a frictional inventor market and examines the allocation of inventors across firms, knowledge diffusion, and its impact on growth. In our model, inventors play dual roles: they engage in in-house R&D and transfer knowledge from...
Persistent link: https://www.econbiz.de/10015054238
This study is a short note designed to underline the importance of using the theoretically required form of accumulation functions. It is now a common knowledge that a growth model must rely on non-diminishing returns to a factor of production in order to generate endogenous growth. In Lucas...
Persistent link: https://www.econbiz.de/10011807214
development regimes and it illustrates wider role of education in tackling possible development traps. …
Persistent link: https://www.econbiz.de/10010322280
In this paper education simultaneously affects growth and income inequality. More education does not necessarily … decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and … information on the nonlinear relationship between growth and education. …
Persistent link: https://www.econbiz.de/10010266863
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …
Persistent link: https://www.econbiz.de/10010270563
increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …
Persistent link: https://www.econbiz.de/10010311688
In this paper, we use a CGE model with endogenous growth to study the interplay between environmental regulation, innovation and sectoral growth. We find that a stringent reduction target for carbon emissions combined with a CO2-tax leads to structural changes. Under the assumption of a...
Persistent link: https://www.econbiz.de/10011753217
The paper investigates the long-run consequences of a phase-out of nuclear energy for the Swiss economy. We apply the CITE model, a CGE model with fully endogenous growth, and complement it with a bottom-up model. We find that the nuclear phase-out can be achieved at relatively low costs, even...
Persistent link: https://www.econbiz.de/10011753231
There is widespread concern that an international agreement on stringent climate policies will not be reached because it would imply too high costs for fast growing economies like China. To quantify these costs we develop a general equilibrium model with fully endogenous growth. The framework...
Persistent link: https://www.econbiz.de/10011753265
This paper examines the effects of knowledge diffusion on growth and costs of climate policy. We develop a general equilibrium model with endogenous growth which represents knowledge diffusion between sectors and regions. Knowledge diffusion depends on accessibility and absorptive capacity which...
Persistent link: https://www.econbiz.de/10011753290