This paper aims at investigating interregional knowledge spillovers. After a review of the related literature, we construct a regional knowledge production function that allows for extra regional innovation-generating inputs. Accounting for regional specific "social capability," this knowledge...

The paper presents results from a survey about functioning of innovation networks in the information and communication technologies (ICT) industry in Bulgaria. The aim of the analysis is to explore the impact of the innovation networks upon the innovation activity in companies in the ICT...

This paper addresses the timing and interdependence between innovation and environmental policy in a model of research and development (R&D). On a first-best path the environmental tax is set at the Pigouvian level, independent of innovation policy. With infinite patent lifetime, the R&D subsidy...

Within the last 25 years large progress has been made in Neo-Schumpeterian Economics, this branch of economic science which deals with dynamic processes causing qualitative transformation of economies basically driven by the introduction of novelties. By its very nature, technological innovation...

Carbon capture and storage (CCS) technologies remove carbon dioxide from flue gases for storage in geologic formations or the ocean. We find that CCS is technically feasible and economically attractive within the range of carbon policies discussed domestically and internationally. Current costs...

This work examines the main theoretical and empirical interpretations of the effects of FDI on the productivity of local firms and, in particular, the way in which productivity spillovers are related to regional differences. In studying the Italian manufacturing sector, using cross-sectional...

Measuring labor's share of an economy's aggregate income seems straightforward,at least in principle. Count up wage and salary income, along with the value of benefitsprovided to employees, and divide it by total income. However, one fundamentalconcept of labor's share in macroeconomic theory is...

This study examines the determinants of information and communications technology(ICT) use and access of low-income people in three developing countries: Colombia,Mexico and Peru. We focus on cross-country differences and similarities in ICTs use acrossgender, age, education and income, using...

Este trabajo aporta dos elementos básicos para el análisis del crecimiento económico en Colombia: En primerlugar, para el cálculo de la participación de los factores en el producto, se separa el ingreso de capital físico del ingreso de capital natural y el ingreso del trabajo básico del...

En este trabajo se estudian las características de los incentivos para invertir en bienes de capitalcon mayor durabilidad. Se considera el hecho de que las economías que invierten en bienes decapital menos duraderos pueden tener menor crecimiento económico. Se elabora un modelo teóricoen el...