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We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … growth rate of the economy depends on the fraction of the population choosing an entrepreneurial career. How many …
Persistent link: https://www.econbiz.de/10010319500
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … growth rate of the economy depends on the fraction of the population choosing an entrepreneurial career. How many …
Persistent link: https://www.econbiz.de/10009757305
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … growth rate of the economy depends on the fraction of the population choosing an entrepreneurial career. How many …
Persistent link: https://www.econbiz.de/10010670827
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … growth rate of the economy depends on the fraction of the population choosing an entrepreneurial career. How many …
Persistent link: https://www.econbiz.de/10011084260
explained as an optimal response to increasing active life expectancy. We integrate the theory into a unified growth model and …
Persistent link: https://www.econbiz.de/10010294422
. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing …
Persistent link: https://www.econbiz.de/10012322424
argue that China's growth pattern is very similar to that of several other East Asia economies that initially grew very … China's growth path and the growth paths of other East Asia economies at a similar stage of development. The growth paths of … other East Asia economies and the model predictions suggest that China's growth will substantially slow, so much so that we …
Persistent link: https://www.econbiz.de/10014377473
positively to natural disasters. Here, we propose a simple theory based on the neoclassical growth model that explains these …
Persistent link: https://www.econbiz.de/10010427140
Recent empirical research has shown that output and GDP per capita in the aftermath of natural disasters are not necessarily lower than before the event. In many cases, both are not significantly affected and, surprisingly, sometimes they are found to respond positively to natural disasters....
Persistent link: https://www.econbiz.de/10011535117
responds positively to natural disasters. Here, we propose a simple theory, based on the neoclassical growth model, that …
Persistent link: https://www.econbiz.de/10010255055