This paper examines how unionization affects economic growth through its impact on industry concentration in a two …-country model of international trade and endogenous productivity growth. Knowledge spillovers link firm-level productivity in … rate of output growth when labor unions are employment-oriented, but decreases the rate of growth when unions are wage …

When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in … efficiency imposed by thermodynamic laws. In this paper, I develop a growth model that explicitly accounts for endogenous … trigger a full transformation toward green growth. …

context of a general equilibrium model of innovation-led growth. In the model, innovation comes from entrant firms creating …

overall production structure to be more than linear in the growth driving factor and yet generates endogenous growth, defined … as steady-state, constant, exponential growth of income per capita. This version of modern growth theory, therefore, is … also the global stability of the endogenous-growth steady state …

The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures … optimal policy mix is likely to entail huge welfare gains. -- Economic growth ; endogenous technical change ; optimal growth …

The optimal mix of growth policies is determined within a comprehensive endogenous growth model. The analysis captures … optimal policy mix is likely to entail huge welfare gains. -- economic growth, endogenous technical change ; optimal growth …

This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the … ; Endogenous Growth ; Knowledge Diffusion ; Productivity Slowdown ; Convergence ; Divergence …

Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … population growth, an implication which is hard to see in the data. Here we integrate microfounded fertility and schooling into … an otherwise standard R&D-based growth model. We then show how a Beckerian child quality-quantity trade-off explains why …

path of R& D subsidization in a semi- endogenous growth model, by exploiting a recently developed numerical method …&D subsidy ; Transitional dynamics ; Semi-endogenous growth ; Welfare …