A consensus in the growth literature is that scale effects of R&D are non-existent across mature industrialized economies. However, the scrutiny across emerging economies is lacklustre at best. The empirical studies of scale effects also leave the issues of unbalanced regression (non-standard...

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Purpose: The link between population growth and economic growth has been becoming of most significant interest for researchers. However, there is no consensus among economists and researchers about the interaction between population and economic growth. Using time-series data spanning from the...

Purpose: The link between population growth and economic growth has been becoming of most significant interest for researchers. However, there is no consensus among economists and researchers about the interaction between population and economic growth. Using timeseries data spanning from the...

The relationship between population growth and economic growth is of great interest both for demographers and for development economists. Considering the case of Mexico, the objective of this study was to analyze the dynamic relationship between population growth and economic growth, through a...

By using two alternative intra-industry trade models (1. - New goods cannot be introduced into the economy; 2. - The possibility for a set of capital goods available in the economy to vary; both models consider the existence of an intersectoral linkage), I show by means of Applied General...

This paper develops a fully-endogenous, variety-expansion growth model with firm-specific quality heterogeneity, limit pricing, and an endogenous distribution of markups. Trade induces only firms with high-quality products to export, whereas firms with low-quality products serve only the...