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Chapter 3 Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino; Zilibotti, Fabrizio - 2005
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
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Maintenance costs, obsolescence, and endogenous growth
Berden, Koen G.; Marrewijk, Charles van - 2001
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011317468
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Maintenance Costs, Obsolescence, and Endogenous Growth
Berden, Koen G.; van Marrewijk, Charles - 2001
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10010325047
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Maintenance Costs, Obsolescence, and Endogenous Growth
Berden, Koen G.; Marrewijk, Charles van - Tinbergen Institute - 2001
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costs in the endogenous growth model of expanding product varieties. This contrasts with the existing literature, which ignores maintenance costs and uses the model of quality improvements to describe...
Persistent link: https://www.econbiz.de/10005137353
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Maintenance Costs, Obsolescence, and Endogenous Growth
Berden, Koen G.; Marrewijk, Charles van - Tinbergen Instituut - 2001
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011256370
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Horizontal innovation in the theory of growth and development
Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2005
We analyze recent contributions to growth theory based on the model of expanding variety of Romer (1990). In the first part, we present different versions of the benchmark linear model with imperfect competition. These include the “labequipment” model, labor-for-intermediates” and...
Persistent link: https://www.econbiz.de/10005772070
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The Role of Human Capital in Structural Change and Growth in an Open Economy: Innovative and Absorptive Capacity Effects
Bye, Brita; Faehn, Taran - 2021
Since the financial crisis in 2008, slow growth has riddled Europe and the Covid-19 pandemic is amplifying the challenge. Promoting economic growth and transforming to a more knowledge-based industrial structure will be high on the agenda for the coming decades. We study how more and better...
Persistent link: https://www.econbiz.de/10012493003
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A Regional Model of Endogenous Growth with Creative Destruction
Bond-Smith, Steven - Department of Economics, Waikato Management School - 2012
encouraging agglomeration. Growth is highest when there is full agglomeration in one location, as knowledge spillovers are greater … reduce barriers to migration will increase long run growth rates by accelerating the transition to agglomeration. …
Persistent link: https://www.econbiz.de/10010655937
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INNOVATION VERSUS INCOME CONVERGENCE IN CENTRAL AND EASTERN EUROPE. IS THERE A CORRELATION?
Cristina, Jude; Monica, Pop Silaghi - In: Annals of Faculty of Economics 1 (2011) 1, pp. 72-79
once again the issue of convergence inside the European Union. The high growth rates experienced by CEEC during the last … decade created an optimistic view of rapid convergence towards Western Europe. But the crisis showed that the sources of … convergence in terms of GDP and the convergence in terms of innovation for the CEEC. Based on yearly Eurostat data for the period …
Persistent link: https://www.econbiz.de/10009366175
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Towards a new growth model in CESEE : convergence and competitiveness through smart, green and inclusive investment
Gereben, Áron; Wruuck, Patricia - 2021
This paper focuses on the growth and convergence of Central, Eastern and South-Eastern European EU countries (CESEE …
Persistent link: https://www.econbiz.de/10012433894