Stadler, Manfred - Wirtschaftswissenschaftlichen Fakultät, … - 2012
The paper presents a dynamic general-equilibrium model of education, quality and variety innovation, and scale … separate R&D sectors. In the balanced growth equilibrium education and innovation appear as in-line engines of growth and …-invariant growth. We consider endogenous humancapital accumulation in an educational sector and quality and variety innovation in two …