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Wants and past knowledge: Growth cycles with emerging industries
Horii, Ryo - In: Journal of economic dynamics & control 36 (2012) 2, pp. 220-238
Persistent link: https://www.econbiz.de/10009489613
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Chapter 3 Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino; Zilibotti, Fabrizio - 2005
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
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Financial Crises and Long-Run Growth
Holden, Tom - 2017
generate persistent medium-frequency cycles, meaning it matches well the data from short to long horizons …
Persistent link: https://www.econbiz.de/10012956677
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Simulating the New Economy
Eliasson, Gunnar; Johansson, Dan - 2013
The Information Technology (IT), the Internet, or the Computing & Communications (C&C) technology revolution has been central to the economic discussion for several decades. Before the mid-1990s the catchword was the “productivity paradox” coined by Robert Solow, who stated in 1987 that...
Persistent link: https://www.econbiz.de/10014153584
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Endogenous Recombinant Growth Through Market Production of Knowledge and Intellectual Property Rights
Marchese, Carla - 2015
the peculiarities of knowledge as a public good. In this paper we aim at studying more deeply the latter concern. Hence we … description of the formation of knowledge externalities. In our framework a benevolent government buys immediately new patents in …; conversely, transition dynamics and the capital to knowledge ratio are affected by the choice of the policy parameter. We then …
Persistent link: https://www.econbiz.de/10013020858
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Resource wealth, innovation and growth in the global economy
Peretto, Pietro F.; Valente, Simone - 2010
(lower) resource income, lower (higher) employment in the resource-intensive sector, higher (lower) knowledge creation and …
Persistent link: https://www.econbiz.de/10008746491
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Growth and welfare effects of intellectual property rights when consumers differ in income
Kiedaisch, Christian - 2016
This paper analyzes how changing the expected length of intellectual property right (IPR) protection affects growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with...
Persistent link: https://www.econbiz.de/10011443629
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Contest for attention in a quality-ladder model of endogenous growth
Grossmann, Volker - 2003
This paper develops a quality-ladder model of endogenous growth to study the interplay between in-house R&D and marketing expenditure. Although promotional activity is modelled as purely wasteful competition among firms for attention, it unambiguously fosters innovation activity of firms, and...
Persistent link: https://www.econbiz.de/10011509334
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Intra-sector and inter-sector competition in a model of growth
Di Cintio, Marco; Grassi, Emanuele - 2015
takes place, if and only if, there are some property rights of private knowledge produced by R&D activities. In turn, the …
Persistent link: https://www.econbiz.de/10011291288
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Growth and welfare effects of intellectual property rights when consumers differ in income
Kiedaisch, Christian - 2017 - Revised version
This paper analyzes how changing the expected length of intellectual property (IP) protection affects economic growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with...
Persistent link: https://www.econbiz.de/10011700533