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The aim of this paper is to analyze the relationship between competition and growth in a model of human capital accumulation and research by disentangling the monopolistic mark-up in the intermediate goods sector and the returns to specialization in order to have a better measure of competition....
Persistent link: https://www.econbiz.de/10008644985
In this paper, we have presented a generalization of Bucci's (2003) model in which have disentangled the monopolistic mark-up in the intermediate goods sector, the intermediate goods share in the final output and the returns to specialization in order to have a better measurement of competition....
Persistent link: https://www.econbiz.de/10010722011
Common to the bulk of the “new” economic growth and development literature is the idea that the process by which less-developed countries break out of a poverty trap and achieve steady, self-sustaining growth in real per-capita income is predicated on persistent production and accumulation...
Persistent link: https://www.econbiz.de/10010551958
In economics, interest has been revived in economic growth, especially in long-term convergence in per capita incomes and output between countries. This mainly empirical debate has promoted the development of endogenous growth theory, which seeks to move beyond conventional neoclassical theory...
Persistent link: https://www.econbiz.de/10010578310
In a global economy, the South Pacific islands face unique constraints to growth. The study investigates whether Fiji was benefited by three-decade old open trade policies. Through a multivariate cointegration analysis, the study establishes the existence of a long-run relationship between open...
Persistent link: https://www.econbiz.de/10009194213
The main objective of this research is to analyze and assess the interactions among knowledge-driven growth, acquisition of human capital, and strategic public policymaking for the Turkish economy within the context of a general equilibrium model. This model aims to investigate those policies...
Persistent link: https://www.econbiz.de/10010906013
The aims of this paper are firstly to access the contribution of foreign direct investment (FDI) to economic growth in countries of the countries CEMAC region, and secondly to show how these foreign investments contribute to the growth of the CEMAC. The basic theory is that of endogenous growth....
Persistent link: https://www.econbiz.de/10010944793
Persistent link: https://www.econbiz.de/10010987623
This paper presents an endogenous growth model of migration and technological diffusion with transitional dynamics, which provide explanations for the empirical pattern of the mobility transition. A two-skill group extension of this model offers new hypotheses regarding the skill composition of...
Persistent link: https://www.econbiz.de/10013199530
This study constructs an endogenous growth model that incorporates the R&D sector, the education sector, and environmental problems. First, environmental impacts are considered. We show that, if government exercises appropriate policies and some parameter restrictions are satisfied, then the...
Persistent link: https://www.econbiz.de/10008461240