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Persistent link: https://www.econbiz.de/10009489613
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
concerning the nature and structure of technological knowledge, the sources of novel opportunities, the dynamics through which … diffusion affect growth and survival probabilities of heterogeneous firms. The processes of knowledge accumulation and diffusion … cycles influence the patterns of industrial organization—including size distributions, degrees of concentration, relative …
Persistent link: https://www.econbiz.de/10014025173
knowledge at all times in a serendipitous way, the industrial revolution is an inevitable outcome. The paper characterizes the …
Persistent link: https://www.econbiz.de/10010472600
revolution through entrepreneurs’ role for the accumulation of useful knowledge. While learning-by-doing in agriculture …
Persistent link: https://www.econbiz.de/10010398784
knowledge protected by secrecy, patents and other appropriability devices. To explore the macroeconomic implications of this … knowledge variety yield increasing returns to the number of firms. A large number of firms leads to high output, high (aggregate …
Persistent link: https://www.econbiz.de/10014084778
hump-shaped relationships of knowledge appropriability and the number of firms with steady-state growth that give a first … supply and knowledge spillovers yield increasing returns to the number of firms. A larger number of firms leads to higher …
Persistent link: https://www.econbiz.de/10014084825
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/10005787146
The industrial society has become history, substituted by the service economy, the knowledge economy or the information …
Persistent link: https://www.econbiz.de/10009622218
This paper investigates the effect of market size on innovation activities across different durable good industries in the Chinese manufacturing sector. We use a potential market size measure driven only by changes in the Chinese income distribution which is exogenous to changes in prices and...
Persistent link: https://www.econbiz.de/10010338977