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Potential switchovers in comparative advantage: Patterns of industrial convergence
Landesmann, Michael; Stehrer, Robert - 2000
Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...
Persistent link: https://www.econbiz.de/10010294574
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Tracing Empirical Trails of Schumpeterian Development
Peneder, Michael - 2004
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of … productivity growth, dynamic panel estimations are applied to a standard growth model modified to include specific structural … results give empirical substance to the evolutionary emphasis on Schumpeterian development as opposed to mere aggregate growth. …
Persistent link: https://www.econbiz.de/10011435155
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Potential switchovers in comparative advantage : patterns of industrial convergence
Landesmann, Michael; Stehrer, Robert - 2000
Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...
Persistent link: https://www.econbiz.de/10009750855
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Regional integration and economic development : an empirical approach
Dion, David-Pascal - 2004
trade integration on productivity. For this purpose we address the link between trade and productivity thanks to knowledge … goods, services, people, capital and hence ideas, knowledge, innovation, and technology. Economic integration encourages …-term growth. …
Persistent link: https://www.econbiz.de/10010366570
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Tracing empirical trails of Schumpeterian development
Peneder, Michael - 2004
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of … productivity growth, dynamic panel estimations are applied to a standard growth model modified to include specific structural … results give empirical substance to the evolutionary emphasis on Schumpeterian development as opposed to mere aggregate growth. …
Persistent link: https://www.econbiz.de/10011494555
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Absorption in Human Capital and Ramp;D Effects in an Endogenous Growth Model
Sequeira, Tiago Neves - 2007
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 …
Persistent link: https://www.econbiz.de/10012729706
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Heterogeneity in the Internationalization of R&D : implications for anomalies in finance and macroeconomics
Grüning, Patrick - 2017 - This version: October 17, 2017
innovation, in a two-country endogenous growth general equilibrium model. In particular, this assumption allows the model to …
Persistent link: https://www.econbiz.de/10011736423
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Chapter 4 The new empirics of economic growth
Durlauf, Steven N.; Quah, Danny T. - In: Handbook of macroeconomics : volume 1, part A, (pp. 235-308). 1999
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities … growth model. …
Persistent link: https://www.econbiz.de/10014024246
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Volatility and Growth : Credit Constraints and Productivity-Enhancing Investment
Aghion, Philippe; Banerjee, Abhijit V.; Angeletos, … - 2015
volatility and growth. We first develop a simple growth model where firms engage in two types of investment: a short-term one and … amplifying volatility. Tighter credit therefore leads to both higher aggregate volatility and lower mean growth for a given total … financial development predicts a higher sensitivity of both the composition of investment and mean growth to exogenous shocks …
Persistent link: https://www.econbiz.de/10014028049
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Structural change in an open economy
Mao, Rui; Yao, Yang - 2010
Persistent link: https://www.econbiz.de/10009300227