, automation capital, and population growth. In the empirical analysis, we find indications for cointegrating equations for the … step, we present a standard neoclassical growth model augmented by automation capital and capital adjustment costs that is …

I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and nonlinear hiring costs to … analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest … raises growth of technology, labor productivity and real wages. I show, however, that a slowdown in productivity and …

enquiries on this field of research and offer new alternative measures for building regional growth models. …

We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … possibilities frontier that is consistent with balanced economic growth. Third, we derive the growth rate of the ith region in the …

Discussion on the possibilities for and barriers to income convergence and catch-up growth is at the heart of the … productivity growth in Europe, using the most recent Cambridge Econometrics regional database, EU KLEMS growth and productivity … accounts and EuroStat R&D data. We apply a reduced-form empirical specification for semi-endogenous productivity growth that …

&D impacts TFP growth as long as a critical mass for the stock of human capital is reached. The results are robust to sectoral …

This paper contributes to the vast literature on the regional application of endogenous growth theory. A well known … feature of capitalist growth and development is the vast and persistent divergence in per capita income growth between regions … growth theory in connection with regional and urban growth processes. The new economics of urban and regional growth look at …

We study the origins of labor productivity growth and its differences across sectors. In our model, sectors employ … a large and increasing contribution to aggregate labor productivity growth. Neither capital accumulation nor the …