Showing 1 - 10 of 5,903
What is a good reduced-form representation of Ramsey-Cass-Koopmans. (RCK) model? Solow's model (despite non …-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK …
Persistent link: https://www.econbiz.de/10012657999
What is a good reduced-form representation of Ramsey-Cass-Koopmans. (RCK) model? Solow's model (despite non …-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK …
Persistent link: https://www.econbiz.de/10012619417
This paper shows how and why the Solow growth accounting framework is useful for linking entrepreneurship capital to … economic growth. The knowledge filter impedes the spillover of knowledge for commercialization, thereby weakening the impact of … knowledge investments on economic growth. By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link …
Persistent link: https://www.econbiz.de/10010841075
accumulation and economic growth are two sides of the same process. Accumulation generates growth and growth fuels accumulation, so … it seems bootless to ask whether capitalists want growth. Growth is their lifeline, and the more of it, the better it is … growth decelerates, the income share of the Top 1% – which includes the capitalists as well as their protective power belt …
Persistent link: https://www.econbiz.de/10011645024
Neoclassical growth theory assumes that economic growth is an atomistic process in which changes in distribution play … paper argues that a reality-based growth theory must reject neoclassical principles in favour of a power-centered approach … growth process. I hypothesize that the role of capital accumulation (through profit) is to facilitate hierarchy formation by …
Persistent link: https://www.econbiz.de/10011645089
Persistent link: https://www.econbiz.de/10012661519
Neoclassical growth theory assumes that economic growth is an atomistic process in which changes in distribution play … paper argues that a reality-based growth theory must reject neoclassical principles in favour of a power-centered approach … growth process. I hypothesize that the role of capital accumulation (through profit) is to facilitate hierarchy formation by …
Persistent link: https://www.econbiz.de/10011753811
In this paper an overview of India’s technological trajectory with a view to understanding the nuances of India’s technological capability and the role it has played in the process of India’s economic progress. [WP No. 227].
Persistent link: https://www.econbiz.de/10005341765
growth in Canada; the sensitivity of estimates of Canada-U.S. capital intensity and multifactor productivity gaps to … depreciation assumptions; a sectoral and provincial decomposition of Canada’s post-2000 labour productivity slowdown; the role of … growth in India. …
Persistent link: https://www.econbiz.de/10008783784
This paper examines the link between structural change and growth in India. It constructs indices of structural change …, and performs a time series analysis of the data. It finds that 1988 marks a break in the time series of growth and … structural change. There is one-way causality from structural change to growth in the period 1988-2007, whereas there is no …
Persistent link: https://www.econbiz.de/10010676419