In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We rather propose that these linkages are strongly...

The productivity generated by capital goods is not uniform along the time. When there exist conventional physical capital goods the productivity obtained is minor that the one generated by quality capital goods. To obtain a correct measure of growth in presence of this embodied technical...

This dissertation uses theoretical as well as empirical tools to study determinants of cross-country differences in income growth, focussing on the role of consumer inequality, values, and the diffusion process of technologies. Chapter 1 investigates how household income inequality shapes the...