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Endogenous growth through government policy

Ghate, Chetan; Zak, Paul J. - 2000

This paper illustrates two reasonable political decision mechanisms by which fiscal policy generates endogenous growth under a constant returns to scale production technology, absent externalities. Based on the dynamics induced by various policy choices, we demonstrate that policies that...

Persistent link: https://www.econbiz.de/10011566456

Hyperbolical discounting and endogenous growth : conference paper

Strulik, Holger - 2014

This paper provides the exact analytical solution for the standard model of endogenous growth when consumers have present-biased preferences and make time-inconsistent savings plans, which they revise continuously. It is shown that long-run growth is not necessarily lower under present-biased...

Persistent link: https://www.econbiz.de/10010489320

Endogenous growth, asymmetric trade and resource taxation

Bretschger, Lucas; Valente, Simone - 2010

Since 1980, the aggregate income of oil-exporting countries relative to that of oil- poor countries has been remarkably constant despite structural gaps in productivity growth rates. This stylized fact is analyzed in a two-country model where resource- poor (Home) and resource-rich (Foreign)...

Persistent link: https://www.econbiz.de/10008748355

Effects of intellectual property rights protection and integration on economic growth and welfare

Lai, Chung-hui; Wang, Vey - 2015

The protection of intellectual property rights (IPR) and the distribution of rent are central issues in R&D-based growth models with the return to innovation serving as the engine of growth. In this paper the authors consider the strength of the intellectual property rights and franchise...

Persistent link: https://www.econbiz.de/10010462546

Immigration, innovation, and growth

Burchardi, Konrad B.; Chaney, Thomas; Hassan, Tarek A.; … - 2020

We show a causal impact of immigration on innovation and dynamism in US counties. To identify the causal impact of immigration, we use 130 years of detailed data on migrations from foreign countries to US counties to isolate quasi-random variation in the ancestry composition of US counties that...

Persistent link: https://www.econbiz.de/10012230294

Robust endogenous growth

Peretto, Pietro F. - 2017

This paper studies a generalization of the Schumpeterian models with endogenous market structure that allows the overall production structure to be more than linear in the growth driving factor and yet generates endogenous growth, defined as steady-state, constant, exponential growth of income...

Persistent link: https://www.econbiz.de/10012116724

Through scarcity to prosperity : a theory of the transition to sustainable growth

Peretto, Pietro F. - 2017

This paper integrates fertility choice and exhaustible resource dynamics in a tractable model of endogenous technological change. The analysis shows that, under the right conditions, the interdependence of population, resources and technology produces a transition from unsustainable...

Persistent link: https://www.econbiz.de/10012116773

Regulatory Growth Theory

Xie, Danxia - 2018

Innovations (i.e. Regulator-approved innovations) to the number of total patents and (3) exponentially increasing regulation over … time. Greater expenditures on regulation and corporate R&D are required to assess the net benefit of innovation because of … propose counteracts the crucial "Knowledge Spillover" effect in the Endogenous Growth models. The rise of regulation versus …

Persistent link: https://www.econbiz.de/10012912203

Firm heterogeneity, informal wage and good governance

Kar, Saibal; Marjit, Sugata - 2011

We provide an analysis of enforcement policies applicable to formal sector in dual labor markets. We use a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated enforcement strategies. Firms which operate both in the formal and informal sectors do...

Persistent link: https://www.econbiz.de/10010280733

Firm Heterogeneity, Informal Wage and Good Governance

Marjit, Sugata - 2011

We provide an analysis of enforcement policies applicable to formal sector in dual labor markets. Using a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated enforcement strategies, we show that firms which operate both in the formal and...

Persistent link: https://www.econbiz.de/10013117965