We present a Schumpterian model of endogenous growth with General Purpose Technologies (GPTs) that captures two …

unity. Furthermore, the model (iv) supports either a neoclassical steady-state or long-run endogenous growth, giving it the …

This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non … social infrastructure, the degree of openness, the investment rate, population growth, the level of human capital, or growth …. Club convergence in growth rates can be traced back to a country's openness and to a minimum required level of human …

A growth model is developed for an open dual economy. The economy expands owing to a higher growth rate of labour … model incorporates a retardation mechanism affecting the slopes of productivity and output growth schedules as labour …-industrialization in terms of both output and employment; a growth trap sustaining a situation of structural heterogeneity; or sustainable …

Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the …

We study the effects of a labor-intensive health care sector within an R&D-driven growth model with overlapping … health care enhances growth and welfare. Even if the provision of health care diverts labor from productive activities, it … may still fuel R&D and economic growth if the additional wealth that comes with expanding longevity translates into a more …

The role of agricultural productivity in economic development is addressed in a two-sector model of endogenous growth …, and b) the engine of growth is learning-by-doing in the manufacturing sector. For the closed economy case, the model … predicts a positive link between agricultural productivity and economic growth, while, for the small open economy case, it …

In this paper, we develop an endogenous growth model that combines structural change with repeated product improvements …

We propose an endogenous growth model that incorporates the importance of business contacts and informal contacts. In …, which we understand as networks of informal contacts. Technological growth is driven by the replacement of contacts within …