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structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …
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In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...
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We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …
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discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …
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