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The formal theoretical model in this study enables segmentation of countries with respect to three factors, namely, the extent to which income inequality is adopted as a policy variable; the extent to which there is focus on generation of either of `incremental', or `disruptive' innovations; and...
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This study investigates the effects of three international technology diffusion (ITD) channels on regional economic convergence (REC): inward foreign direct investment (IFDI), outward foreign direct investment (OFDI) and imports. Based on Chinese provincial-level data, econometric results...
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This paper presents a two period overlapping generations model with endogenous growth in the presence of a public sector with objectives of convergence for public debt and primary balance to GDP ratios. In order to ensure the existence of converging paths towards the target values of fiscal...
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The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast to this, one can observe great efforts of private firms for the purposeful codification of knowledge. We incorporate costly knowledge codification in an overlapping generations...
Persistent link: https://www.econbiz.de/10003459422
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … - are thus much better than predicted by conventional R&D-based growth theory. …
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