Showing 1 - 10 of 15,554
structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …
Persistent link: https://www.econbiz.de/10010264065
R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth (strong scale effect) or the level of per capita income (weak scale effect), with far-reaching policy implications. However, for modern times there is little empirical support for...
Persistent link: https://www.econbiz.de/10010264334
R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth (strong scale effect) or the level of per capita income (weak scale effect), with far-reaching policy implications. However, for modern times there is little empirical support for...
Persistent link: https://www.econbiz.de/10010268664
This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We … incentive for private innovation activities. In contrast to the standard Schumpeterian growth framework, we account for industry … heterogeneity in terms of innovation potential. This extension allows to bring government demand policy within the realm of the …
Persistent link: https://www.econbiz.de/10010267225
Modern (endogenous) growth theory tells us that knowledge spillovers are crucial for the growth of high-income economies. Against this background the paper provides a survey of theoretical and empirical findings highlighting the question of how geographically limited knowledge diffusion can help...
Persistent link: https://www.econbiz.de/10010296149
This paper develops a two-sector non-scale growth model and investigates the relationship between international trade, growth, and industrialization. It is shown that the counterfactual prediction of new growth theories regarding a positive effect of population growth on the growth rate of per...
Persistent link: https://www.econbiz.de/10010322071
This paper extends the standard quality ladder model of innovation and quality growth by allowing for heterogeneous … industries. This enables us not only to deal with the Schumpeterian hypothesis about market power and innovation, but also to …
Persistent link: https://www.econbiz.de/10010305037
firms to invest in innovation in the extraction technology and to allocate more capital to resource extraction. Innovation …
Persistent link: https://www.econbiz.de/10010323855
How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this question, a model of endogenous technological change is used where sustained growth stems from intentional investments in R&D from profit-maximizing firms. The uncertainty arises...
Persistent link: https://www.econbiz.de/10010324994
MIND is a hybrid model incorporating several energy related sectors in an endogenous growth model of the world economy. This model structure allows a better understanding of the linkages between the energy sectors and the macro-economic environment. We perform a sensitivity analysis and...
Persistent link: https://www.econbiz.de/10010312307