Showing 1 - 10 of 462
of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers …
Persistent link: https://www.econbiz.de/10010295584
transition as a change in general purpose technology (GPT) and investigate how it interferes with economic growth driven by …
Persistent link: https://www.econbiz.de/10010306033
elucidate part of the resource curse hypothesis; i.e. the observed negative impact of resource wealth on income growth. We … develop a variation of the Ramsey-Cass-Koopmans model with endogenous growth to explain the phenomenon. In this model … show that an increase in resource income frustrates economic growth in two ways: directly by reducing work effort and …
Persistent link: https://www.econbiz.de/10011324996
dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …
Persistent link: https://www.econbiz.de/10011422187
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important—but specific—function in the economy. They engender relatively much employment creation, productivity growth … studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of all …
Persistent link: https://www.econbiz.de/10010325306
The stability of cyclical growth within the context of a model in Matsuyama (1999) is examined. It is shown that but … cyclical growth is derived. The growth enhancing property of 2-cycles are shown to be retained by any cycle; the results of … simulation exercises carried out are reported to show that for very wide range of parameter values, such cyclical growth paths …
Persistent link: https://www.econbiz.de/10010332291
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 …
Persistent link: https://www.econbiz.de/10010335051
The paper examines public expenditures and their effects on economic growth. For that purpose we choose four categories …. So, which kind of state is the most relevant one when we focus on economic growth and development? Is it the "security …, last but not least, the "innovation oriented state", focussing on R & D, which has the biggest influence on economic growth …
Persistent link: https://www.econbiz.de/10011616041
the United States and Japan, in regards of growth rates, investment rates, R&D and innovation, international trade, etc …., as well as the fast changes of the world economy determined the European Commission to issue the white paper on “Growth …
Persistent link: https://www.econbiz.de/10012016908
significance (and, especially, the moral implications) of innovation for a modern, post-malthusian growth society. …
Persistent link: https://www.econbiz.de/10012101173