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Market growth is driven by product innovation. Beyond functional satiation the marginal utility of product performance … and variety decreases. We argue that social comparisons underlying innovation diffusion results in consumer motivations … account of consumption motivations beyond functional satiation. -- Product Innovation ; Innovation Diffusion ; Consumption …
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The link between foreign aid and economic growth remains a controversial issue in the literature, and a large share of the disagreement could be explained by differences in the data employed. Using GDP data from three different versions of the Penn World Table and the World Development...
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We investigated the Granger causal relationship between the consumption of power both at the aggregate and sectoral level and economic growth in India using the frequency domain approach, which would help policy makers seek the efficient allocation of electricity via proper policy initiatives at...
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