The present paper argues that, in line with Nelson-Phelps (1966), there exist important complementarities among educational attainment, Ramp;D activities (and their derived innovations) and economic growth, although subject to a quot;skill-loss effectquot; (delta;-effect), due to the presence of...

There is a family of models with Physical, Human capital and Ramp;D for which convergence properties have been discussed (Arnold, 2000a; Gomez, 2005). However, spillovers in Ramp;D have been ignored in this context. We introduce spillovers in this model and derive its steady-state and stability...

In this paper we build an endogenous growth model where human capital and ideas are complements in the long-run equilibrium and technological progress takes the form of a continuous increase in the number of horizontally differentiated varieties of intermediate inputs. One peculiarity of the...