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More apples vs. better apples : distribution and innovation-driven growth

Kane, Robert F.; Peretto, Pietro F. - 2018

by firms subsequently to production operations. We then use the model to investigate how distribution shapes innovation … implications for innovation. The per-unit cost implies that factory-specific productivity improvements cannot sustain steady …

Persistent link: https://www.econbiz.de/10012116793

Simulating the New Economy

Eliasson, Gunnar; Johansson, Dan - 2013

The Information Technology (IT), the Internet, or the Computing & Communications (C&C) technology revolution has been central to the economic discussion for several decades. Before the mid-1990s the catchword was the “productivity paradox” coined by Robert Solow, who stated in 1987 that...

Persistent link: https://www.econbiz.de/10014153584

On Rivalry, Variety and Spillovers in Endogenous Growth

Peretto, Pietro F. - 2008

concentration and firm size. These determine the scale and the efficiency of R&D operations and the (average) rate of innovation. If …

Persistent link: https://www.econbiz.de/10014102339

Growth maximising patent lifetime

Bucci, Alberto; Saglam, H. C. - 2000

Using a vertical differentiation model of endogenous growth with stochastic R&D activity, we characterise the optimal patent lifetime a government would set in order to maximise economic growth. We show that a finite patent lifetime does exist and is unique provided that the expected rate of...

Persistent link: https://www.econbiz.de/10011608627

Government spending composition in a simple model of Schumpeterian growth

Wiederhold, Simon - 2009

This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We … incentive for private innovation activities. In contrast to the standard Schumpeterian growth framework, we account for industry … heterogeneity in terms of innovation potential. This extension allows to bring government demand policy within the realm of the …

Persistent link: https://www.econbiz.de/10003924192

Dynamic effects and structural change under environmental regulation in a CGE model with endogenous growth

Ramer, Roger - 2011

, innovation and sectoral growth. We find that a stringent reduction target for carbon emissions combined with a CO2-tax leads to …

Persistent link: https://www.econbiz.de/10009312501

New combinations and growth

Antony, Jürgen - 2007

This paper develops an endogenous growth model based on the idea of new combinations of input factors as a growth mechanism. The model integrates the idea of several technologies used simultaneously in producing final output. Innovations are of the horizontal and vertical type and in addition of...

Persistent link: https://www.econbiz.de/10009744907

The Lindahl equilibrium in Schumpeterian growth models : knowledge diffusion, social value of innovations and optimal R&D incentives

Gray, Elie; Grimaud, André - 2014

What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...

Persistent link: https://www.econbiz.de/10010252161

Financial regimes, capital structure, and growth

Arnold, Lutz; Walz, Uwe - 1998

We develop a growth model with endogenous technological progress in which the financial sector plays an explicit role. Thereby we discuss the role of different financial regimes in the growth process. We contrast a bank-dominated financial system with a market-dominated system. In the first one...

Persistent link: https://www.econbiz.de/10010405331

Endogenous capital- and labor-augmenting technical change in the neoclassical growth model

Irmen, Andreas; Tabakovic, Amer - 2015

innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …

Persistent link: https://www.econbiz.de/10011404419