increase of labour intensity. On the contrary, the influence of investment growth was insignificant on the indicators of …

investment-specific technological change as a main driving force behind long-run growth and the business cycle. This paper shows … how the growth model with investment-specific technological change has a closed-form solution if capital fully depreciates …

, consumption, physical and environmental investment, trading of emissions rights (quantity and price). The results show that … negatively affected by its presence as predicted by the theory (e.g. Clarke and Reed 1994; Tsur and Zemel 1996; and Bosello and …

differences (DID) method to evaluate the impact of the National Integrated Circuit Industry Investment Fund on the technological … verification. This paper concludes that the National Integrated Circuit Industry Investment Fund has significantly enhanced … results. The effects of industrial investment funds on policy are evidently different across different regions and industry …