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but also a poor performance in important sectors, like the information and communication technology sector. Reforms to … raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem … current targeted support. Capital taxation should be streamlined to improve incentives for entrepreneurship and growth. The …
Persistent link: https://www.econbiz.de/10011276818
and in relation to other countries, contributing to weak economic growth and an erosion in competitiveness. An examination …
Persistent link: https://www.econbiz.de/10011276949
Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge …-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have …. This paper therefore assesses the effect of spillovers in driving per capita output growth taking into account the role of …
Persistent link: https://www.econbiz.de/10011251881
In this paper, I study the welfare properties of growth models with endogenous innovation, knowledge externalities, and … monopoly pricing of new goods. Since useful policy prescriptions cannot be inferred from a balanced growth analysis, welfare is …
Persistent link: https://www.econbiz.de/10005342146
in 'growth drivers' which can account for differences in supply-side performance, especially in periods in which major … processes of innovation and diffusion of a general purpose technology (GPT) take place. There is also an analysis of the … good results in technology policy combined with policies which aim towards social inclusiveness. …
Persistent link: https://www.econbiz.de/10009649627
This paper contributes to the analysis of the effects of demand structure on longterm growth. Introducing non … inequalities on long-term growth in our quality-ladder framework, and find that a lower level of wealth disparities always leads to … an increase in the long-run growth rate. Finally, we show that beyond this negative impact on growth, inequalities also …
Persistent link: https://www.econbiz.de/10009358458
Technological change is a determining factor in economic growth. Since the 1970s, Brazil has become an example in … promoting agricultural research. The result was total factor productivity (TFP) growth. What would be the impact of public … policies on productivity growth? The present study sought to break down some factors that influenced TFP, particularly in the …
Persistent link: https://www.econbiz.de/10014251045
only successful in promoting a new type of firm that otherwise might not exist, but in transforming the sources of growth …
Persistent link: https://www.econbiz.de/10005765287
innovation rates, and by extension on the economic growth rate. We demonstrate that a higher share of the population being poor … is detrimental to the rate of economic growth, while a redistribution of wealth from rich to poor consumers increases the …
Persistent link: https://www.econbiz.de/10008505487
It has long been recognized that the forces that lead to the agglomeration of economic activity and to aggregate growth …
Persistent link: https://www.econbiz.de/10008542534