only successful in promoting a new type of firm that otherwise might not exist, but in transforming the sources of growth …

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 …

It has long been recognized that the forces that lead to the agglomeration of economic activity and to aggregate growth …

This paper examines a model in which growth takes place through investment-specific technological change, which in turn … the growth rate can depend on the degree of substitability between research spending and new capital construction …. Research subsidies tend to have a larger impact on the growth rate than would an investment tax credit of the same magnitude …

The sustained increase in productivity gains from the spread of ICTs may increase potential output growth in the medium …

We construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical … growth model. In the long run the world growth rate is driven by discoveries in those economies that lead in their use of … technology. Followers converge towards leaders because copying is cheaper than innovation over some range. A tendency for copying …

innovation by incumbents. I am then also able to analyze the impact of inequality both on long-term growth and on the allocation … in the long-run growth rate, and to variations in the share of the overall R&D expenditures being undertaken by …

The relatively new and still amorphous concept of "Green Growth" can be understood as a call for balancing longer …-term investments in sustaining environmental wealth with nearer-term income growth to reduce poverty. We draw on a large body of … economic theory available for providing insights on such balancing of income growth and environmental sustainability. We show …

Chamley (1986) and Judd (1985) showed that, in a standard neoclassical growth model with capital accumulation and … innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity …