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The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast … costly knowledge codification in an overlapping generations framework of endogenous growth and show that the steady …-state growth rate of capital being higher than that of the knowledge stock is a sufficient condition for knowledge codification …
Persistent link: https://www.econbiz.de/10003459422
This paper presents the model of an economy subject to the mass conservation principle. The economic system is related to the environment by a flow of virgin materials into the economy, and by the diffusion of waste into the environment. Ecoefficiency contributes to reducing material waste in...
Persistent link: https://www.econbiz.de/10005082961
The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast … costly knowledge codification in an overlapping generations framework of endogenous growth and show that the steady …-state growth rate of capital being higher than that of the knowledge stock is a sufficient condition for knowledge codification …
Persistent link: https://www.econbiz.de/10014051784
The usual models of endogenous growth treat knowledge codification as a byproduct of R&D and as costless. In contrast … costly knowledge codification in an overlapping generations framework of endogenous growth and show that the steady …-state growth rate of capital being higher than that of the knowledge stock is a sufficient condition for knowledge codification …
Persistent link: https://www.econbiz.de/10005800880
of knowledge and technology in economic growth. …This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … guided that empirical analysis. The paper argues that recent studies of economic growth—both empirical and theoretical …
Persistent link: https://www.econbiz.de/10011071327
knowledge and economic growth and / or emphasize the importance of human capital in the growth process. These models take …In this paper I will examine the growth models of Romer (1986) and Lucas (1988) which constitute an important first … core to the endogenous growth theory, in order to understand the characteristics, to highlight the relationship between …
Persistent link: https://www.econbiz.de/10011111565
of knowledge and technology in economic growth. …This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … guided that empirical analysis. The paper argues that recent studies of economic growth - both empirical and theoretical …
Persistent link: https://www.econbiz.de/10005792232
We introduce a gender wage gap into basic one-good textbook versions of the neo-Kaleckian distribution and growth model … and productivity growth. For the closed economy model, reducing the gender wage gap has no effect on the profit share, and … growth we find an unambiguously expansionary effect of narrowing the gender wage gap on long-run equilibrium capital …
Persistent link: https://www.econbiz.de/10012215452
We introduce a gender wage gap into basic one-good textbook versions of the neo-Kaleckian distribution and growth model … and productivity growth. For the closed economy model, reducing the gender wage gap has no effect on the profit share, and … growth we find an unambiguously expansionary effect of narrowing the gender wage gap on long-run equilibrium capital …
Persistent link: https://www.econbiz.de/10012213998
of low emissions compatible with sustainable levels of human welfare? With steady growth in human quality of life …. We specify and calibrate a dynamic model with four intertemporal links: education, physical capital, knowledge and the … life (QuoL), emphasizes education, knowledge, and the environment, affected by greenhouse gas emissions, in addition to …
Persistent link: https://www.econbiz.de/10010547230