Showing 1 - 10 of 1,069
Knowledge is maintained as a core variable for growth in a large set of contemporary theories. In this paper, we … analyze the relationship between knowledge accessibility and regional growth. The knowledge resource used in our model R … a positive effect on growth cannot be rejected. The knowledge accessibility in a given period has a statistically …
Persistent link: https://www.econbiz.de/10005644935
longer be capital, or land, or physical labor, but it will be knowledge. The productivity of knowledge will be decisive in … the imperatives of the informational society. Recent models of economic growth consider research and development as the … engine of the economic growth. Research and development generates two fundamental types of output: the new product or the new …
Persistent link: https://www.econbiz.de/10005169723
questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We …In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by … several knowledge and innovation indicators, ranging from R&D expenditures, patent data, to newly released data on different …
Persistent link: https://www.econbiz.de/10011521603
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … ICT investment and economic growth in the period 1985-99 for a sample of 42 countries for which ICT spending data are …
Persistent link: https://www.econbiz.de/10010279209
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of … productivity growth, dynamic panel estimations are applied to a standard growth model modified to include specific structural … results give empirical substance to the evolutionary emphasis on Schumpeterian development as opposed to mere aggregate growth. …
Persistent link: https://www.econbiz.de/10011435155
This paper theoretically studies the role of the financial system in promoting macroeconomic stability and growth. It … also explains endogenously the development of the financial system as part of the growth process. The productive sector … spurs economic growth, horizontal innovation creates new industry sectors, and thus enhances industry diversification …
Persistent link: https://www.econbiz.de/10013208504
In recent decades, most industrialized countries experienced declining population growth rates caused by declining …-run economic growth by setting forth an R&D-based growth model including an analytically tractable demographic structure. Our … results show that, in response to demographic change, technological progress and economic growth accelerate in the medium run …
Persistent link: https://www.econbiz.de/10010311685
Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of … productivity growth, dynamic panel estimations are applied to a standard growth model modified to include specific structural … results give empirical substance to the evolutionary emphasis on Schumpeterian development as opposed to mere aggregate growth. …
Persistent link: https://www.econbiz.de/10011494555
In recent decades, most industrialized countries experienced declining population growth rates caused by declining …-run economic growth by setting forth an R&D-based growth model including an analytically tractable demographic structure. Our … results show that, in response to demographic change, technological progress and economic growth accelerate in the medium run …
Persistent link: https://www.econbiz.de/10010954287
This study extends Baumol's (1967) two-sector (manufacturing and services) unbalanced growth model to analyze a … growth rate evolves as a result. Our results are summarized as follows. First, if the human capital accumulation function … between the employment share of services and the economic growth rate. Second, if the human capital accumulation function …
Persistent link: https://www.econbiz.de/10010960081