Showing 1 - 10 of 2,505
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the … ; Endogenous Growth ; Knowledge Diffusion ; Productivity Slowdown ; Convergence ; Divergence …
Persistent link: https://www.econbiz.de/10008906821
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the … ; endogenous growth ; knowledge diffusion ; productivity slowdown ; convergence ; divergence …
Persistent link: https://www.econbiz.de/10009665630
Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data …. In order to resolve this problem we integrate R&D-based innovations into a unified growth framework with micro …-founded fertility and schooling behavior. The model explains the historical emergence of R&D-based growth and the subsequent emergence …
Persistent link: https://www.econbiz.de/10009619095
This paper proposes a theory for the evolution of knowledge diffusion and growth over the very long run. A feedback … mechanism between capital accumulation and knowledge spillovers creates a unified growth theory that explains a long epoch of … (quasi-) stasis and an epoch of high growth linked by gradual economic take-off. It is shown how the feedback mechanism can …
Persistent link: https://www.econbiz.de/10003817154
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the …
Persistent link: https://www.econbiz.de/10014163873
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the …
Persistent link: https://www.econbiz.de/10014210334
This paper investigates the relationship between the capital share in national income and personal income inequality … income shares with a broader measure of inequality (Gini coefficient), the positive relationship remains but becomes somewhat …
Persistent link: https://www.econbiz.de/10012669442
This paper investigates the relationship between the capital share in national income and personal income inequality … income shares with a broader measure of inequality (Gini coefficient), the positive relationship re-mains but becomes …
Persistent link: https://www.econbiz.de/10011408188
The beginning of the twentieth century provides a unique opportunity to explore the interaction of rapid technological progress and trade barriers in shaping the worldwide diffusion of a new, highly traded good: the automobile. We scrape historical data on the quantity and value of passenger...
Persistent link: https://www.econbiz.de/10012864807
Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the collapse of the gold standard? Using recent advances in the estimation of gravity equations, I examine the partial and general equilibrium effects of bilateral distance,...
Persistent link: https://www.econbiz.de/10012023385