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This paper presents the problem of satiation of consumption and technology in relation to a model of evolutionary endogenous growth. The model represents an attempt to provide an evolutionary economic micro foundation to Pasinetti's scheme of the structural economic dynamics of an economy that...
Persistent link: https://www.econbiz.de/10014137227
endogenous growth model with horizontal innovation. Product market competition is measured by (1-Lerner index) and depends on …
Persistent link: https://www.econbiz.de/10014209605
may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
Persistent link: https://www.econbiz.de/10011409970
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …
Persistent link: https://www.econbiz.de/10011810111
discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …
Persistent link: https://www.econbiz.de/10011730583
may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
Persistent link: https://www.econbiz.de/10013320508
, innovation and sectoral growth. We find that a stringent reduction target for carbon emissions combined with a CO2-tax leads to …
Persistent link: https://www.econbiz.de/10009312501
profits generated by a successful innovation are discounted by the endogenous market interest rate, this raises the net …
Persistent link: https://www.econbiz.de/10011761615
We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …
Persistent link: https://www.econbiz.de/10011518444
The paper analyses the effect of the dynamics of consumption preferences on the dynamics of macroeconomic growth. We endogenously derive microdynamics of consumption behaviour as a result of the increase in the number of income classes. The different degrees of inertia in the adjustment of...
Persistent link: https://www.econbiz.de/10012997299