capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD … productivity growth. …

of technology-fueled economic growth. We employ the model to investigate the properties of macroeconomic dynamics and the …-term growth patterns. From a normative point of view, simulations show a corresponding complementarity between Keynesian and … Schumpeterian policies in sustaining long-run growth paths characterized by mild fluctuations and acceptable unemployment levels …

-capita income levels and growth rates is consistent with a standard Solow model, once it has been augmented to include human capital … appears to be less (and not more) able to account for the cross-country growth performance of Austria and Germany when human … cross-country growth between these two neighboring countries with similar political and institutional background …

There has been a concomitant rise in R&D and the rate of economic growth in emerging countries. Analyzing a panel of 31 … emerging countries, we find convincing evidence of scale effects which make government policies potent for long-run growth … stock, implying that the diminishing returns assumed by some semi-endogenous growth models might not be generalized …

productivity within growth process in theoretical and empirical terms. Firstly, I analyse the theoretical elements that justify the … how this complementarity is a necessary condition to obtain ecologically sustainable cumulative growth. Finally, I verify …

This paper develops a fully-endogenous, variety-expansion growth model with firm-specific quality heterogeneity, limit … the product market competition. However, it has ambiguous effects on the average markup, long-run growth, and welfare. An … increase in the rate of population growth or in the intensity of international knowledge spillovers accelerates economic growth …

This paper analyzes the impact of equity market information imperfections on R&D driven growth. The mechanism proposed …

Over the past decades, research effort in high income countries has substantially increased. Meanwhile, the growth … trends. The second goal of the paper is to show that the occurrence of different phases in the economic growth dynamics … OECD countries and estimate a Hidden Markov Model, through which we identify four distinct growth regimes …