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Persistent link: https://www.econbiz.de/10012205601
international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many …
Persistent link: https://www.econbiz.de/10014023784
school intensive while the latter is on-the-job-training intensive. The effects of trade upon growth and wage inequality … intra-country wage inequality is more likely to prevail under international trade, when such changes relatively enhance the …This paper analyzes the mechanisms, other than market size, through which international trade of intermediate goods …
Persistent link: https://www.econbiz.de/10005063394
Formal standards codify knowledge. Next to patents representing the generation of innovative knowledge, standards can hence be used to proxy the diffusion of innovative knowledge in macroeconomic growth models. Previous work mainly investigates the positive impact of in particular patents, but...
Persistent link: https://www.econbiz.de/10014501758
This paper investigates the main postulations of the Ramp;D based growth models that innovation is created in the Ramp;D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of Ramp;D. The analysis employs various panel data...
Persistent link: https://www.econbiz.de/10012783098
We use the Aguion and Howitt (2009) theoretical model of endogenous economic growth to explain the declining economic growth in developed economies in the period 1981-2009. Aguion and Howitt theoretical framework combines Solownian and Schumpeterian elements in a single scenario, so that...
Persistent link: https://www.econbiz.de/10012984814
The aim of this paper is to examine whether the previously observed gap between growth of R&D and economic performance, known as the ‘Swedish paradox’, is a general phenomenon across all sectors of the economy, or only occurs in specific industry segments. The dataset used for the analysis...
Persistent link: https://www.econbiz.de/10005077274
Using a new and original database, our paper contributes to the growth accounting literature with three original aspects: first, it covers a long period from the early 60’s to 2019, just before the COVID-19 crisis; second, it analyses at the country level a large set of economies (30);...
Persistent link: https://www.econbiz.de/10014092664
This paper investigates the main postulations of the R&D based growth models that innovation is created in the R&D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of R&D. The analysis employs various panel data techniques and...
Persistent link: https://www.econbiz.de/10014067262
Direct and country-specific measures of technical progress are used in order to analyse the effects of technology shocks on output fluctuations in the G7. Technology shocks are measured as the unpredicted component in the dynamics of innovation, on the basis of patent statistics provided by the...
Persistent link: https://www.econbiz.de/10005486719