knowledge distribution affects the growth rate. A change in the distribution not only affects the occupational choice of agents …We develop a two sector growth model to understand the relation between inequality and growth. Agents, who are endowed … with different levels of knowledge, select either into a retail or a manufacturing sector. Agents in the manufacturing …

In this paper we show that the R&D effort of a country and its economic growth are highly correlated. In order to … low growth environment due to the uncertainty associated with the researching activity. In this situation, the economy … sufficiently, then the risk associated with R&D activities drops and the economy hires more researchers. Consequently, growth does …

, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of institutional … literature, we consider a three-sector model of semi-endogenous growth with negative externalities depending on structural and … translation of innovation into economic growth. It is suggested that generating a development strategy designed to improve social …

This paper surveys new growth theory with emphasis on three open issues known from old endogenous growth theory of the … specifications of production functions for technical progress? We show that new growth theory has made progress on the first two …

We develop an endogenous growth model with two sectors, manufacturing and non-manufacturing. The manufacturing sector … is the source of the balanced productivity growth. We study how the economy responds to shifts in sector … employed in the manufacturing sector follows an inverted V curve, and that the growth rate increases. Thus, the model captures …

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 …

of knowledge and technology in economic growth. …This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … guided that empirical analysis. The paper argues that recent studies of economic growth—both empirical and theoretical …

knowledge and economic growth and / or emphasize the importance of human capital in the growth process. These models take …In this paper I will examine the growth models of Romer (1986) and Lucas (1988) which constitute an important first … core to the endogenous growth theory, in order to understand the characteristics, to highlight the relationship between …

of knowledge and technology in economic growth. …This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … guided that empirical analysis. The paper argues that recent studies of economic growth - both empirical and theoretical …