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Over the last two decades EU countries experienced diverging productivity growthdevelopments. By examining the sources … productivity growth as well.But those effects are only found for Nordic and Western Continental EU countries,while others are … lacking such effects. Moreover, these specialized and science-basedindustries experienced strong innovation and productivity …
Persistent link: https://www.econbiz.de/10010312160
Conventional R&D-based growth theory suggests that productivity growth is positively correlated with population size or … higher growth of productivity and income per capita are associated with lower population growth. The medium-run prospects for …
Persistent link: https://www.econbiz.de/10010289001
Persistent link: https://www.econbiz.de/10003932938
We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
Persistent link: https://www.econbiz.de/10011392484
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and high growth are phenomena of the modern period. In order to explain these phenomena we propose an innovation-driven growth model for the very long run in which the...
Persistent link: https://www.econbiz.de/10010346232
The protection of intellectual property rights (IPR) and the distribution of rent are central issues in R&D-based growth models with the return to innovation serving as the engine of growth. In this paper the authors consider the strength of the intellectual property rights and franchise...
Persistent link: https://www.econbiz.de/10010462546
Using data for six Asian miracle economies over the period from 1953 to 2006, this paper examines the extent to which growth has been driven by R&D and tests which second-generation endogenous growth model is most consistent with the data. The results give strong support to Schumpeterian growth...
Persistent link: https://www.econbiz.de/10013138723
Swiss GDP per capita stands amongst the top OECD performers. However, to face medium-term challenges productivity … productivity growth underperforming peer countries. Based on macroeconomic analysis and supported by firm-level data, results point … environment is a crucial element driving productivity and could explain some of the differences across cantons. It is also an …
Persistent link: https://www.econbiz.de/10011823650
For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and high growth are phenomena of the modern period. In order to explain these phenomena we propose an innovation-driven growth model for the very long run in which the...
Persistent link: https://www.econbiz.de/10010954307
Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data … suggest that the erstwhile positive correlation between population and productivity turned negative during the 20th century … explains why in modern economies high growth of productivity and income is associated with low or negative population growth …
Persistent link: https://www.econbiz.de/10010954314