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The past and future of knowledge-based growth
Strulik, Holger; Prettner, Klaus; Fürnkranz-Prskawetz, … - 2012
-founded fertility and schooling behavior. The model explains the historical emergence of R&D-based growth and the subsequent emergence … suggested by conventional R&D-based growth theories. -- R&D ; declining population ; fertility ; schooling ; human capital. … growth - when fertility is going to be below replacement level in virtually all developed countries - are much better than …
Persistent link: https://www.econbiz.de/10009619095
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Boosting productivity in Switzerland
Ollivaud, Patrice - 2017
Swiss GDP per capita stands amongst the top OECD performers. However, to face medium-term challenges productivity developments will be key to allow the country to maintain its enviable position. Recent trends have not been favourable, with productivity growth underperforming peer countries....
Persistent link: https://www.econbiz.de/10011823650
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International R&D spillovers and productivity trends in the Asian miracle economies
Ang, James B.; Madsen, Jakob Brøchner - 2012
This paper examines the importance of the domestic R&D stock and foreign knowledge spillovers on total factor productivity for six Asian miracle economies over the period from 1955 to 2006. The productivity effects of international knowledge spillovers through the following channels are...
Persistent link: https://www.econbiz.de/10009553036
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Human capital, basic research, and applied research : three dimensions of human knowledge and their differential growth effects
Prettner, Klaus; Werner, Katharina - 2014
in an R&D-based growth model with endogenous fertility and endogenous education. In line with the empirical evidence, our …
Persistent link: https://www.econbiz.de/10010241450
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Optimal investment in R&D with international knowledge spillovers
Aseev, Sergey; Hutschenreiter, Gernot; Kryažimskij, A. V. - 2002
We provide steps towards a welfare analysis of a two-country endogenous growth model where a relatively small follower absorbs part of the knowledge generated in the leading country. To solve a suitably defined infinite-horizon dynamic optimization problem a specialized version of the Pontryagin...
Persistent link: https://www.econbiz.de/10011492730
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Can Second-Generation Endogenous Growth Models Explain the Productivity Trends and Knowledge Production in the Asian Miracle Economies?
Ang, James - 2010
Using data for six Asian miracle economies over the period from 1953 to 2006, this paper examines the extent to which growth has been driven by R&D and tests which second-generation endogenous growth model is most consistent with the data. The results give strong support to Schumpeterian growth...
Persistent link: https://www.econbiz.de/10013138723
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Mapping the Two Faces of R&D : Productivity Growth in a Panel of OECD Industries
Griffith, Rachel; Redding, Stephen J.; Van Reenen, John - 2015
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R&D enhances technology transfer by improving the ability of firms to learn about advances in the leading edge ('absorptive capacity'). In this paper we document that there has...
Persistent link: https://www.econbiz.de/10014038646
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Endogenous Growth and Consumption Aggregation
Tabasso, Nicole - School of Economics, University of Surrey - 2012
In this paper general CES consumption preferences are introduced into an endogenous growth model `a la Bernard, Eaton, Jensen, and Kortum (2003) and Eaton and Kortum (2001). This is in contrast to the more generally used assumption of logarithmic preferences. The paper shows that the CES...
Persistent link: https://www.econbiz.de/10010545931
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When R&D matters for regional growth : a tripod approach
Koo, Jun; Kim, Tae-eun - In: Papers in regional science : the journal of the … 88 (2009) 4, pp. 825-840
Persistent link: https://www.econbiz.de/10003932938
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Barriers to technology adoption, international R&D spillovers and growth
Crespo Cuaresma, Jesús; Foster-McGregor, Neil; … - 2007
Panel data is used to investigate the extent of R&D spillovers between OECD countries, and the importance of barriers to technology adoption in affecting the benefits of such spillovers. Our results indicate that countries with less regulated goods and labour markets benefit more from foreign...
Persistent link: https://www.econbiz.de/10009731157