Showing 1 - 10 of 15,968
This study examined the non-linear relationship between financial development and innovation using generalized method of moments (GMM) estimators for a panel data model. The sample comprised data for 75 developed and developing countries for the period 1996 to 2010. An inverted U-shaped...
Persistent link: https://www.econbiz.de/10011932490
labor market and the economy and better inform policy decisions for inclusive people centered growth. In accordance with G20 …
Persistent link: https://www.econbiz.de/10011908122
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10009007836
An analytical solution to the lab-equipment growth model (Rivera-Batiz and Romer,1991) with an exogenous imitation rate …) protection yielding more consumption today, and stronger levels yielding more growth tomorrow. This has already been studied in …
Persistent link: https://www.econbiz.de/10013059268
This paper looks at the link between the quality of economic institutions and innovation, and innovation and growth. We … that innovation is an important channel through which higher-quality economic institutions contribute to better growth …
Persistent link: https://www.econbiz.de/10012928094
Persistent link: https://www.econbiz.de/10014252494
This paper provides new evidence on the relationship between innovation, competition and distance to the technology frontier, using enterprise surveys from 40 developing and transition countries. Different from previous empirical studies, the distance to frontier is measured by a firm's...
Persistent link: https://www.econbiz.de/10013141333
disruptive innovations that contribute most to economic growth. Consistent with this, we also find pro-debtor PBL reforms … increasing value-added growth rates across all industries, and by larger margins in industries with more innovation potential …
Persistent link: https://www.econbiz.de/10015056150
income, we provide econometric tests on the role of technology in determining convergence outcomes in a growth regression …
Persistent link: https://www.econbiz.de/10012391988
income, we provide econometric tests on the role of technology in determining convergence outcomes in a growth regression …
Persistent link: https://www.econbiz.de/10012390142