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The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
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application is spatial models to estimate growth, but it remains rare in the literature. Such models allow us to determine whether … found that there are spatial interactions among countries. The spillover effect of technology growth is insignificant, while … the direct effect is significantly positive. Investment growth is significantly positive except spillover effect. Human …
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