We investigate the growth-finance nexus in an endogenous growth model with search frictions and congestion effects in … and growth. Financial development eases the financing of innovation but can exacerbate bottlenecks in R&D. In a … calibration close to the U.S. economy, finance has a negative impact on growth. This effect is quantitatively small- consistent …

growth. Data from the World Values Survey enable us to investigate tolerance-growth relationships for 54 countries. We … tolerance toward homosexuals is negatively related to growth. For tolerance toward people of a different race, we do not find …

Market competition is central to innovative activity, the diffusion process and macro-economic productivity growth …. Productivity growth at all levels comes about through institutional reconfiguration in response to the ongoing market process …. Stable and sustained long-term growth in output requires the continuous creation of new technological and commercial …

Market competition is central to innovative activity, the diffusion process and macro-economic productivity growth …. Productivity growth at all levels comes about through institutional reconfiguration in response to the ongoing market process …. Stable and sustained long-term growth in output requires the continuous creation of new technological and commercial …

growth. A summary of what we learn from the econometric results concludes the paper. …

introduced into the market, patents, GDP growth, and so on. Second, the time lag between innovative efforts and performance is … in fostering economic growth trough innovation need to consider the fundamental role played by competition among … heterogeneous organisations in igniting the growth process. In this respect, micro-and firm-level studies can provide useful …

This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is … inequality, raises the intensity of research activities and the growth rate of the economy. …

growth. Data from the World Values Survey enable us to investigate tolerance–growth relationships for 54 countries. We … tolerance toward homosexuals is negatively related to growth. For tolerance toward people of a different race, we do not find …

Key aspects of economic growth and sustainable consumption are highlighted in the context of a modified neoclassical … growth model. If we consider the topic of optimum growth in a broader context the notion of efficient specialization - in … long term economic growth is possible, namely if sufficient investment in research and development plus education is …

growth. Data from the World Values Survey enable us to investigate tolerance–growth relationships for 54 countries. We … tolerance toward homosexuals is negatively related to growth. For tolerance toward people of a different race, we do not find …