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Distribution and growth in an economy with limited needs
Saint-Paul, Gilles - 2001
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
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Evolutionary thinking in environmental economics
Bergh, Jeroen C. J. M. van den - 2007
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10011350354
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Financing the Capital Development of the Economy : A Keynes-Schumpeter-Minsky Synthesis
Mazzucato, Mariana - 2015
Persistent link: https://www.econbiz.de/10013023068
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Evolutionary Thinking in Environmental Economics
van den Bergh, Jeroen C. J. M. - 2015
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10014052884
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Innovation vs. imitation and the evolution of productivity distributions
König, Michael D.; Lorenz, Jan; Zilibotti, Fabrizio - In: Theoretical economics : TE ; journal of the Econometric … 11 (2016) 3, pp. 1053-1102
Persistent link: https://www.econbiz.de/10011584312
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Catch me if you learn : development-specific education and economic growth
Cerina, Fabio; Manca, Fabio - In: Macroeconomic dynamics 22 (2018) 6, pp. 1652-1694
Persistent link: https://www.econbiz.de/10011917001
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Catch-up and fall-back through innovation and imitation
Benhabib, Jess; Perla, Jesse; Tonetti, Chistopher - In: Journal of economic growth 19 (2014) 1, pp. 1-35
Persistent link: https://www.econbiz.de/10010338741
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Innovation vs. imitation and the evolution of productivity distributions
König, Michael D.; Lorenz, Jan; Zilibotti, Fabrizio - In: Theoretical economics : TE ; an open access journal in … 11 (2016) 3, pp. 1053-1102
both strategies is stochastic. The choice between in-house R\&D and imitation is endogenous, and based on firms' profit … maximization motive. Firms closer to the technological frontier face fewer imitation opportunities, and choose in-house R\&D, while …
Persistent link: https://www.econbiz.de/10011671850
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State-Dependent Intellectual Property Rights Policy
Acemoglu, Daron; Akcigit, Ufuk - 2016
What form of intellectual property rights (IPR) policy contributes to economic growth? Should technological followers be able to license the products of technological leaders? Should a company with a large technological lead receive the same IPR protection as a company with a more limited lead?...
Persistent link: https://www.econbiz.de/10014053845
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Market failure, government inefficiency, and optimal R&D policy
Perez-Sebastian, Fidel - In: Economics Letters 128 (2015) C, pp. 43-47
This paper presents a growth model that can explain the coexistence of intellectual property rights and R&D subsidies as a response to the presence of both market and government failures. The framework can also generate the observed positive correlation between these two policy tools.
Persistent link: https://www.econbiz.de/10011208449