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Growth, distance to frontier and composition of human capital
Vandenbussche, Jérôme; Aghion, Philippe; Meghir, Costas - 2004
innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skillintensive …
Persistent link: https://www.econbiz.de/10010292939
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Sectoral Heterogeneity, Resource Depletion, and Directed Technical Change: Theory and Policy
Pittel, Karen; Bretschger, Lucas - 2008
We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
Persistent link: https://www.econbiz.de/10011753160
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The Implications of Heterogeneous Resource Intensities on Technical Change and Growth
Pittel, Karen; Bretschger, Lucas - 2009
We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
Persistent link: https://www.econbiz.de/10011753184
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Jánossy elmélete az új növekedéselmélet tükrében
Tarján, Tamás - 2010
If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of … economic development" in a very original way and having formulated his theory in a specific language. He managed to identify … hypothesis being ascribed to his name, which allowed him to forecast - as the first and the only one in the world - the end of …
Persistent link: https://www.econbiz.de/10010494419
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Knowledge Codification and Endogenous Growth
Schneider, Maik T. - 2007
The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast to this, one can observe great efforts of private firms for the purposeful codification of knowledge. We incorporate costly knowledge codification in an overlapping generations...
Persistent link: https://www.econbiz.de/10011753129
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2008 Lawrence R. Klein lecture - Comparative economic development: Insights from unified growth theory
Galor, Oded - 2009
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the …
Persistent link: https://www.econbiz.de/10010284035
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Technological Change, Human Capital Structure, and Multiple Growth Paths
Kim, Yong Jin; Lee, Jong-Wha - 2009
This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...
Persistent link: https://www.econbiz.de/10010507250
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Is Tolerance Good or Bad for Growth?
Berggren, Niclas; Elinder, Mikael - 2010
growth. Data from the World Values Survey enable us to investigate tolerance-growth relationships for 54 countries. We …
Persistent link: https://www.econbiz.de/10010320301
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Is tolerance good or bad for growth?
Berggren, Niclas; Elinder, Mikael - 2010
growth. Data from the World Values Survey enable us to investigate tolerance-growth relationships for 54 countries. We …
Persistent link: https://www.econbiz.de/10010321391
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Inter-ethnic redistribution and human investments
Azarnert, Leonid V. - 2009
This article analyzes income redistribution in the inter-ethnic context. The model shows that redistribution in favor of less prosperous ethnic minorities raises fertility among the unskilled minority recipients, lowers fertility among the contributing local skilled, slows human capital...
Persistent link: https://www.econbiz.de/10010336073