Similar Search Results

Adult learning, economic growth and the distribution of income

Stauvermann, Peter; Kumar, Ronald Ravinesh - In: Economies : open access journal 6 (2018) 1, pp. 1-12

Technological change causes three consequences: it guarantees economic growth, it requires employees to acquire more skills and human capital, and it increases inequality if employees are not capable adapting to new technologies. The second consequence makes it almost necessary for employees to...

Persistent link: https://www.econbiz.de/10011849808

Medical progress, demand for health care, and economic performance

Frankovic, Ivan; Kuhn, Michael; Wrzaczek, Stefan - 2017

We study medical progress within an economy of overlapping generations subject to endogenous mortality. Individuals demand health care with a view to lowering mortality over their life-cycle. We characterise the individual optimum and the general equilibrium of the economy and study the impact...

Persistent link: https://www.econbiz.de/10011781886

Competition and R&D Financing : Evidence from the Biopharmaceutical Industry

Thakor, Richard T. - 2018

What is the interaction between competition, R&D investments, and the financing choices of R&D-intensive firms …? Motivated by existing theories, we hypothesize that as competition increases, R&D-intensive firms will: (1) increase R … industries, as well as heterogeneity within the biopharma industry, in response to an exogenous change in competition. We also …

Persistent link: https://www.econbiz.de/10012937531

Competition and R&D Financing : Evidence from the Biopharmaceutical Industry

Thakor, Richard T.; Lo, Andrew W. - 2021

The interaction between product market competition, R&D investment, and the financing choices of R&D-intensive firms on … interaction, we develop a model which predicts that as competition increases, R&D-intensive firms will: (1) increase R … the Hatch-Waxman Act as an exogenous shock to competition, we provide causal evidence which supports these hypotheses …

Persistent link: https://www.econbiz.de/10013249274

Heterogeneous merger impacts on competitive outcomes

Siebert, Ralph - 2017

Mergers realize heterogeneous competitive effects on profits, production, and prices. To date, it is unclear whether differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger studies conventionally assume that, conditional on...

Persistent link: https://www.econbiz.de/10011717038

IP-for-IP or Cash-for-IP? R&D Competition and the Market for Technology

Herbst, Patrick; Jahn, Eric - 2013

) enables firms to alter the allocation of R&D and soften R&D competition. In particular, it induces firms to focus R&D on their …

Persistent link: https://www.econbiz.de/10014224536

The Effect of Demand-Driven Structural Transformations on Growth and Technological Change

Lorentz, Andre - 2016

The paper analyses the effect of the dynamics of consumption preferences on the dynamics of macroeconomic growth. We endogenously derive microdynamics of consumption behaviour as a result of the increase in the number of income classes. The different degrees of inertia in the adjustment of...

Persistent link: https://www.econbiz.de/10012997299

Satiation in an Evolutionary Model of Structural Economic Dynamics

Andersen, Esben Sloth - 2001

This paper presents the problem of satiation of consumption and technology in relation to a model of evolutionary endogenous growth. The model represents an attempt to provide an evolutionary economic micro foundation to Pasinetti's scheme of the structural economic dynamics of an economy that...

Persistent link: https://www.econbiz.de/10014137227

Induced innovation and spillover effects of US and Canadian research expenditures in Canadian agriculture

Tian, Qingsong; Cechura, Lukas; Clark, J. Stephen; Yu, Yan - In: Canadian journal of agricultural economics : CJAE 71 (2023) 2, pp. 153-169

Persistent link: https://www.econbiz.de/10014310674

Employment by age, education, and economic growth : effects of fiscal policy composition in general equilibrium

Heylen, Freddy; Van de Kerckhove, Renaat - In: The B.E. journal of macroeconomics 13 (2013) 1, pp. 49-103

Persistent link: https://www.econbiz.de/10010227793