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An analytical solution to the lab-equipment growth model (Rivera-Batiz and Romer,1991) with an exogenous imitation rate …) protection yielding more consumption today, and stronger levels yielding more growth tomorrow. This has already been studied in …
Persistent link: https://www.econbiz.de/10013059268
scientific knowledge from innovations in a standard endogenous growth model and finds that stronger protection of intellectual … property rights may discourage innovation. …
Persistent link: https://www.econbiz.de/10010572166
Persistent link: https://www.econbiz.de/10009573453
introduce a new framework, which combines trade and growth theory into a tractable tool for quantitative research. Our …
Persistent link: https://www.econbiz.de/10014431300
Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...
Persistent link: https://www.econbiz.de/10005045769
How can we fix the PTO, allowing examiners to effectively distinguish between patentable and unpatentable inventions, without slowing the process to a crawl or wasting a bunch of money? This essay reviews the recent literature and considers a number of proposals and their problems. It concludes...
Persistent link: https://www.econbiz.de/10014041238
Research in development economics reveals that the bulk of cross-country differences in economic growth is attributable … to differences in productivity. By some accounts, productivity contributes to more than 60 percent of countries’ growth … progress, rates of real cost reduction and rates of productivity growth. I find that the effect of financial development on …
Persistent link: https://www.econbiz.de/10005784702
Research in development economics reveals that the bulk of cross-country differences in economic growth is attributable … to differences in productivity. By some accounts, productivity contributes to more than 60 percent of countries’ growth … progress, rates of real cost reduction and rates of productivity growth. I find that the effect of financial development on …
Persistent link: https://www.econbiz.de/10005652518
innovations as engine of growth? In a panel of industrial sectors across a large cross section of countries, I find that while …
Persistent link: https://www.econbiz.de/10005652649
This paper presents a novel empirical study of innovation practices of U.S. companies and their relation to … productivity levels using new business micro data from the Business Research and Development and Innovation Survey (BRDIS) for the … outputs of innovation activities into four latent unobserved innovation modes or practices for OECD countries using Community …
Persistent link: https://www.econbiz.de/10011112938