Showing 1 - 10 of 729,134
We show that the long-run economic growth effect of an increase in the retirement age is unambiguously positive in research and development based endogenous growth models. This contrasts recent findings based on models of learning-by-doing-spillovers, in which an increase in the retirement age...
Persistent link: https://www.econbiz.de/10011567734
The geography of innovation describes the importance of proximity and location to innovative activity. As part of what has been termed the new economic geography, this area of research is less than 20 years old, and is now developed sufficiently so that the discussion can be organized around...
Persistent link: https://www.econbiz.de/10014025168
This article investigates agglomeration processes in ageing societies by introducing an overlapping generation … rates strengthens agglomeration processes, declining mortality rates weaken them. This is due to the fact that we allow for … distributional effects on agglomeration processes resulting from the turnover of generations. …
Persistent link: https://www.econbiz.de/10008809939
We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by purposeful research and development. In contrast to economies in which growth depends on learning-by-doing spillovers, raising the retirement age fosters economic growth. How...
Persistent link: https://www.econbiz.de/10012195541
We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by purposeful research and development. In contrast to economies in which growth depends on learning-by-doing spillovers, raising the retirement age fosters economic growth. How...
Persistent link: https://www.econbiz.de/10012156427
emphasized in the New Economic Geography (NEG) literature. Both growth and agglomeration processes are, however, themselves … uncertainty impacts upon growth and agglomeration. The main results are twofold. First, nonzero mortality rates support a more … equal distribution of productive factors by introducing an additional dispersion force that countervails the agglomeration …
Persistent link: https://www.econbiz.de/10011332532
Persistent link: https://www.econbiz.de/10008669202
The purpose of this article is to identify the role of population size, population growth and population ageing in models of endogenous economic growth. While in exogenous growth models demographic variables are linked to economic prosperity mainly via the population size, the structure of the...
Persistent link: https://www.econbiz.de/10008809941
-cost reduction effects at low transport costs can be so strong that runaway agglomeration dynamics appear in a manner consistent with …
Persistent link: https://www.econbiz.de/10013149743
The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not straightforward which type of spillovers is most effective: intra-sectoral spillovers or inter-sectoral spillovers. We investigate this controversy using a model of regional...
Persistent link: https://www.econbiz.de/10011326960