Showing 1 - 10 of 1,089
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
capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592
Innovation, mark-ups and the degree of trade openness vary substantially across sectors. This paper builds a multi … autarky to free trade promotes innovation and productivity growth in those sectors which are initially less competitive …. However, when the initial tariff level is common across sectors, a homogeneous tariff reduction promotes innovation in those …
Persistent link: https://www.econbiz.de/10011374296
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011317468
Persistent link: https://www.econbiz.de/10011317971
The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation …
Persistent link: https://www.econbiz.de/10011326960
Persistent link: https://www.econbiz.de/10010361601
Persistent link: https://www.econbiz.de/10010244901
Persistent link: https://www.econbiz.de/10010374122
Persistent link: https://www.econbiz.de/10009785491