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 …

sizable effect on productivity growth. According to my estimates, moreover, the social returns to investment in human capital …

Since the Lisbon agenda in 2000, Europe stated the goal to become the most advanced knowledge economy in the world … presence of localized externalities in the knowledge accumulation process, this policy may produce distortive and unwanted … average level of knowledge activity accompanied by a huge degree of internal territorial disparity. The aim of this paper is …

producers' capacity to absorb cross-border knowledge spillovers. In a calibrated endogenous growth model for Norway, we find … hamper innovation and growth. Increasing the supply of R&D skills will expand an economy's innovative capacity. A …&D-based innovation. Both innovative and absorptive capacity expansions contribute to higher growth and welfare. …

Until now, in models of endogenous growth with physical capital, human capital and Ramp;D such as in Arnold [Journal of … Macroeconomics 20 (1998)] and followers, steady-state growth is independent of innovation activities. We introduce absorption in … an effect of Ramp;D in growth, consumption and welfare. We compare the quantitative effects of Ramp;D productivity with …

The purpose of the paper is two-fold: (i) to construct and analyze a novel endogenous growth model, in which unbounded … growth is possible without the need to assume increasing returns to scale, and (ii) to use the model to estimate the long … engines of growth". Simulations are used to derive growth rates consistent with long-term experience of developed countries …

There is an “erosion effect” of R&D on human capital accumulation. This paper develops an economic growth model with … and economic growth rate …

challenge. Promoting economic growth and transforming to a more knowledge-based industrial structure will be high on the agenda …Since the financial crisis in 2008, slow growth has riddled Europe and the Covid-19 pandemic is amplifying the … for the coming decades. We study how more and better human capital can contribute to knowledge accumulation and structural …

challenge. Promoting economic growth and transforming to a more knowledge-based industrial structure will be high on the agenda …Since the financial crisis in 2008, slow growth has riddled Europe and the Covid-19 pandemic is amplifying the … for the coming decades. We study how more and better human capital can contribute to knowledge accumulation and structural …

We analyze the effects of children's health on human capital accumulation and on long-run economic growth. For this … purpose we design an R&D-based growth model in which the stock of human capital of the next generation is determined by … exert an unambiguously positive effect on long-run economic growth, iii) faster population growth reduces long-run economic …