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A core mechanism of unified growth theory is that accelerating technological progress induces mass education and, through interaction with child quantity‐quality substitution, a decline in fertility. Using unique new data for 21 OECD countries over the period 1750-2000, we test, for the first...
Persistent link: https://www.econbiz.de/10014308541
In the past decades, intangibles assets have become an important source of productivity and economic growth in developed countries. Despite the transforming properties of intangibles across economies and the large and dynamic literature on the impact of intangible investments on productivity...
Persistent link: https://www.econbiz.de/10014636573
Technological advances of the fourth industrial revolution (4IR) threaten Southeast Asian countries’ industrialization model and expose its workforce to the risk of substitution. Using the Dynamic Pattern Synthesis method to ascertain how Southeast Asian countries are prepared to face these...
Persistent link: https://www.econbiz.de/10013334663
Artificial Intelligence (AI) is widely regarded as a technology which will impact the future competitiveness of the Germaneconomy. Looking at the research productivity of German scientists and universities in AI, we find that Germany definitively belongs tothe top performers in AI research...
Persistent link: https://www.econbiz.de/10014336562
Persistent link: https://www.econbiz.de/10003932938
In this paper, we develop a new dynamic model of optimal investments in R&D and manufacturing for a technological leader competing with a large number of identical followers on the market of a technological product. The model is formulated in the form of the infinite time horizon stochastic...
Persistent link: https://www.econbiz.de/10012432372
The Middle East, as a region, contributes proportionally less to new knowledge generation than other parts of the world. The United Arab Emirates (UAE) has sought to correct this imbalance through efforts to promote a knowledge-based economy and through educational investment. In light of these...
Persistent link: https://www.econbiz.de/10011965111
This research analyzes the impact of investment in Research and Development (R&D) and the number of researchers on the economic growth of some of the economies of the Organization for Economic Cooperation and Development (OECD), for the period 1996-2016. A causality analysis in the sense of...
Persistent link: https://www.econbiz.de/10014340009
This paper addresses inequalities in the economic growth of municipalities in Pernambuco, one of the states in Northeast Brazilian most vulnerable to climate change. The study uses longitudinal data from the 2010s to identify economic convergence clubs. This paper estimates the role of...
Persistent link: https://www.econbiz.de/10014632865
Despite being an empirical fact that structural change is an inseparable companion of the growth process, it appears as if growth theorists have relegated it to a secondary role. One of the reasons for this apparent neglect is undoubtedly the difficulty of dealing with the issues of sectoral...
Persistent link: https://www.econbiz.de/10011866535