We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …

We develop a growth model with endogenous technological progress in which the financial sector plays an explicit role …. Thereby we discuss the role of different financial regimes in the growth process. We contrast a bank-dominated financial … two regimes emerges. We show that history matters and that the emergence of the low-growth regime is feasible. Furthermore …

We develop a growth model with endogenous technological progress in which the financial sector plays an explicit role …. Thereby we discuss the role of different financial regimes in the growth process. We contrast a bank-dominated financial … two regimes emerges. We show that history matters and that the emergence of the low-growth regime is feasible. Furthermore …

find that higher union bargaining power leads to a negative relationship between growth and unemployment. An increase in … between the growth and unemployment rates results. …

We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth … investment in research and development and the growth rate of theeconomy. …

We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth … investment in research and development and the growth rate of theeconomy. …

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation … competition among entrepreneurs for the profit flow and characterize the economy's growth rate. …

We study the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation …. In addition to markups, selection and innovation provide additional channels through which the trade-induced effect on … channels; we find that innovation plays a small but non-negligible role, while the main component is equally split between the …

We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and … concentration contributes substantially to the gains from trade, mostly via its stimulating effect on innovation. Sizeable gains …

We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990 … such applications, a key role is played by complementarities in the process of innovation. …