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develop a simple descriptive growth model which allows for factor accumulation, technological diffusion and rate effects from …
Persistent link: https://www.econbiz.de/10005667004
This paper analyses the sources of post-war growth and convergence in the OECD using an extension of Mankiw, Romer and … process of technological catch-up. The results indicate that the impact of R&D investment on growth has been significant … of the sample period. The exhaustion of this effect, moreover, may help explain the slowdown of growth and convergence …
Persistent link: https://www.econbiz.de/10005791633
Lack of access to finance is often cited as a key reason for why poor people remain poor. This Paper uses data on the Indian rural branch expansion programme to provide empirical evidence on this issue. Between 1977 and 1990, the Indian central bank mandated that a commercial bank could open a...
Persistent link: https://www.econbiz.de/10005792249
differences. We then study the relationship between productivity growth at the sectoral level and size structure. We find a … positive and robust association between average firm size and growth. Asking why size should matter for growth, we consider the … role of innovative activity, to construct a test based on the differential effect of size on growth according to various …
Persistent link: https://www.econbiz.de/10005113537
incentive to accumulate knowledge. As a result, countries with large barriers experience lower income and growth. Our results …We study how barriers to business start-up affect the investment in knowledge capital when contracts are not … enforceable. Barriers to business start-up lower the competition for knowledge capital and, in absence of commitment, reduce the …
Persistent link: https://www.econbiz.de/10005704976
This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is … inequality, raises the intensity of research activities and the growth rate of the economy. …
Persistent link: https://www.econbiz.de/10005837179
-linear relation. Once the growth of labour productivity is endogenised with learning-by- doing, it grows faster in contraction if the …
Persistent link: https://www.econbiz.de/10005811753
The role of human capital composition has been given importance in the most recent endogenous growth models. Assuming … innovation, this paper empirically investigates whether the contribution of human capital to productivity growth depends on the … importance of composition effects of human capital on growth in developing countries relative to their developed counterparts …
Persistent link: https://www.econbiz.de/10008492267
This paper analyzes the relationship between the entry of new firms and the innovation and productivity growth within … existing firms. In particular, we argue that liberalizing entry has a boosting effect on innovation and growth in those …
Persistent link: https://www.econbiz.de/10008478603
This paper looks at the linkages between growth and business cycles by bringing together two strands of literature. We … incorporate a quality ladders engine of growth into an otherwise standard real business cycle model. Our fundamental question is …
Persistent link: https://www.econbiz.de/10005125621