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Forschung & Entwicklung und Innovationen sind die Grundlage des modernen wirtschaftlichen Wachstums. Über den Außenhandel können Schwellenländer einerseits von Innovationen anderer Länder profitieren, andererseits besitzen sie aber in der Forschungstätigkeit selbst einen komparativen...
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This paper extends Grossman and Helpman’s seminal work (1991), and presents an endogenous growth model where innovations created in a high-tech sector may be assimilated or adapted by a low-tech sector. Applying a simple Heckscher-Ohlin framework, the effects of technological diffusion are...
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We generalize a trade model with firm-specific heterogeneity and R&D-based growth to allow for an endogenous education decision of households and an endogenously evolving population. Our framework is able to explain cross-country differences in living standards and trade intensities by the...
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with the theory of consumer behavior. substitution effects make demand curves slope down, but income effects can increase …
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with the theory of consumer behavior. substitution effects make demand curves slope down, but income effects can increase …
Persistent link: https://www.econbiz.de/10013230986