Showing 61 - 70 of 43,432
much better than the Barro and Lee (1996) or Nehru <I>et al.</I> (1995) series in a number of growth specifications. We … on the (lack of) relationship between educational investment and growth. Using our preferred empirical specification, we …
Persistent link: https://www.econbiz.de/10005045843
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …
Persistent link: https://www.econbiz.de/10005045849
What are the sources of productivity growth? Economic theory offers a panoply of explanations, considering the effects …
Persistent link: https://www.econbiz.de/10005047920
We extend the model presented in Barro and Sala-i-Martin (1997) by allowing for two types of economies - more developed and in transition to European Union integration - to both imitate and innovate varieties of intermediate goods. Besides depending on research and development expenditures, we...
Persistent link: https://www.econbiz.de/10005027393
our series and a number of previously available data sets and examine their performance in several growth specifications … growth regressions. Using an extension of the classical errors in variables model, we construct a set of meta-estimates of …
Persistent link: https://www.econbiz.de/10005498069
We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …
Persistent link: https://www.econbiz.de/10005405717
our series and a number of previously available data sets and examine their performance in several growth specifications … growth regressions. Using an extension of the classical errors in variables model, we construct a set of meta-estimates of …
Persistent link: https://www.econbiz.de/10005582709
The paper studies a model of accumulation and growth where a continuum of heterogeneous firms play dynamically optimal … path of sustained growth requiring that the economy tackle a never-ending chain of fresh coordination problems. This setup … growth is a possible (never the unique) equilibrium outcome. …
Persistent link: https://www.econbiz.de/10005596705
Madrick. He argues that the growth of markets through trade, colonization, and domestic expansion was the predominate factor … in Western economic development. While technological innovation is necessary to growth, it is as much a consequence of … economic opportunity as it is a cause, and perhaps even more a follower of economic growth than a leader. …
Persistent link: https://www.econbiz.de/10005650239
Employing cross-country data, this paper evaluates the transitional dynamics predictions of a non-scale growth model of … endogenous technology innovation and imitation. We show that, unlike the neoclassical growth framework, the transitional dynamics … of the R&D-based growth model can account for growth "miracles". The additional convergence power provided by technology …
Persistent link: https://www.econbiz.de/10005656088