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This book examines the nature of the process of technological change in different sectors of various countries, analyzing the impact of innovation as well as research and development activities on different outcomes in different fields and assessing the design and impact of policies aimed at...
Persistent link: https://www.econbiz.de/10009670134
Defense literature is still in need of a theoretical framework in the neoclassical sense, in regard to empirical research on the relationship between defense spending and economic growth. In this respect, Dunne, Smith and Willenbockel (2005), although not without technical problems, represented...
Persistent link: https://www.econbiz.de/10009492389
Persistent link: https://www.econbiz.de/10002594318
Mankiw Romer and Weil (1992) made the Solovian set up widely-used to test the determinants of economic growth and the speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this component is treated as part of the constant term. In...
Persistent link: https://www.econbiz.de/10009492391
Persistent link: https://www.econbiz.de/10003785667
"This book examines the nature of the process of technological change in different sectors of various countries, analyzing the impact of innovation as well as research and development activities on different outcomes in different fields and assessing the design and impact of policies aimed at...
Persistent link: https://www.econbiz.de/10011727509
Mankiw Romer and Weil (1992) made the Solovian set up widely-used to test the determinants of economic growth and the speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this component is treated as part of the constant term. In...
Persistent link: https://www.econbiz.de/10011807211
Defense literature is still in need of a theoretical framework in the neoclassical sense, in regard to empirical research on the relationship between defense spending and economic growth. In this respect, Dunne, Smith and Willenbockel (2005), although not without technical problems, represented...
Persistent link: https://www.econbiz.de/10011807212
Persistent link: https://www.econbiz.de/10010360921
Whether the convergence occurs is one of the important issues in economic growth. Besides occurrence of convergence, another important issue in the theory of economic growth is whether the growth of per-capita income depends on the ratio of physical to human capital (K/H) where human capital is...
Persistent link: https://www.econbiz.de/10012970247