Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark … total population. Labour productivity is determined by within-industry productivity growth rates and inter-sectoral shifts …

trade of final goods in which competition in R&D leads to endogenous new firm creation and economic growth. Current … consumption growth is significantly lower than the one of output growth is explained by the model. Fourth, net exports are …

based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment …

There is good reason to believe that R&D influences on TFP growth in other sectors are indirect. For R&D to spill over …, it must first be successful in the home sector. Indeed, observed spillovers conform better to TFP growth than to R&D in … the upstream sectors. Sectoral TFP growth rates are thus interrelated. Solving the intersectoral TFP equation resolves …

dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … the growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …

change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …

Elevated levels of government debt raise concerns about their effects on long-term growth prospects. Using the cross … growth. We propose a production-based asset pricing model with endogenous innovation and fiscal policy shocks that can … government debt and future growth …

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 …