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On Scale Effects, Market Power and Growth When Human and Technological Capital are Complements
Bucci, Alberto - 2003
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...
Persistent link: https://www.econbiz.de/10014131913
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Satiation in an Evolutionary Model of Structural Economic Dynamics
Andersen, Esben Sloth - 2001
This paper presents the problem of satiation of consumption and technology in relation to a model of evolutionary endogenous growth. The model represents an attempt to provide an evolutionary economic micro foundation to Pasinetti's scheme of the structural economic dynamics of an economy that...
Persistent link: https://www.econbiz.de/10014137227
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On Scale Effects, Market Power and Growth When Human and Technological Capital are Complements
Bucci, Alberto - 2003
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...
Persistent link: https://www.econbiz.de/10014145524
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Optimal Patent Breadth in a Two-Sector Economy
Goh, Ai-Ting; Olivier, Jacques - 2014
product (or "downstream") sector. Innovation takes place in both sectors. Following Gilbert and Shapiro (1990), we define … in the downstream sector increases the incentives of agents to do R&D in that sector but discourages innovation in the … downstream sector slows it down. We show that regardless of parameter values, welfare maximizing, rate of innovation maximizing …
Persistent link: https://www.econbiz.de/10014046246
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Growth and Competition in a Model of Human Capital Accumulation and Research
Bianco, Dominique - Volkswirtschaftliche Fakultät, … - 2008
The aim of this paper is to analyze the relationship between competition and growth in a model of human capital accumulation and research by disentangling the monopolistic mark-up in the intermediate goods sector and the returns to specialization in order to have a better measure of competition....
Persistent link: https://www.econbiz.de/10005787146
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An inverted-U relationship between product market competition and growth in an extended Romerian model
BUCCI, Alberto - Dipartimento di Economia, Management e Metodi … - 2004
model of horizontal product innovation. We find that the relationship between competition and growth is inverse-U shaped …
Persistent link: https://www.econbiz.de/10005007154
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Potere di mercato ed innovazione tecnologica nei recenti modelli di crescita endogena con concorrenza imperfetta
Bucci, Alberto - Dipartimento di Economia, Management e Metodi … - 2002
This paper overviews the main interactions between product market competition and long run growth.We focus on the first generation of R&D-based growth models and keep distinguished the vertical from the horizontal differentiation approaches. Our main objective is to study why these two branches...
Persistent link: https://www.econbiz.de/10005007269
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Human capital and technology in growth
Bucci, Alberto - Dipartimento di Economia, Management e Metodi … - 2001
This paper studies the economic determinants of the inter-sectoral allocation of skills within an R&Dbased growth model with human capital accumulation and imperfect competition. Using an aggregateR&D technology displaying constant returns to scale in human capital, I find that steady-state...
Persistent link: https://www.econbiz.de/10005007270
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Horizontal innovation, market power and growth
Bucci, Alberto - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 1999
In this paper, we build a general model of horizontal product innovation and economic development, taking explicitely … is that, when innovation is both deterministic and horizontal, the relationship between market power and aggregate growth …
Persistent link: https://www.econbiz.de/10005030023
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Market Power and Aggregate Economic Growth in Models with Endogenous Technological Change
Bucci, Alberto - In: Giornale degli Economisti 62 (2003) 2, pp. 241-291
This paper overviews the main interactions between product market competition and long-run growth. We start with the first generation of R&D-based growth models and keep distinct the vertical from the horizontal differentiation approaches. Our main objective here is to study why these two...
Persistent link: https://www.econbiz.de/10005612330