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increase their innovation efforts; thirdly, it increases the degree of product market competition. In this paper, we propose a … shaping the aggregate welfare gains from trade. We introduce ?firm heterogeneity into an innovation-driven growth model where … incumbent fi?rms operating in oligopolistic industries perform cost-reducing innovation. In this environment, trade …
Persistent link: https://www.econbiz.de/10010698138
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...
Persistent link: https://www.econbiz.de/10008642164
We study the interaction of customer capital and productivity through brand reallocation across firms. We develop a firm dynamics model with brands as transferable customer capital, heterogeneous firm productivity, and variable markups. We study the matching process between transferable brand...
Persistent link: https://www.econbiz.de/10015062505
and it assesses the interplay between innovation, human capital, climate change, and education policies. Results indicate …
Persistent link: https://www.econbiz.de/10010332969
. Under the efficiency unit approach, we precisely reduce innovation regarding qualitative and quantitative improvements of … technological structural propagation. In this way, we can evaluate any given innovation with respect to its social welfare gain. We …
Persistent link: https://www.econbiz.de/10011552023
This paper surveys recent research on the macroeconomic implications of demographic and technological changes. Lower fertility and increasing longevity have implications on the age population structure and, therefore, on the balance between savings and investment. Jointly with meagre...
Persistent link: https://www.econbiz.de/10014496114
market share across firms when assessing creditworthiness. The model is able to capture features of innovation and diffusion …
Persistent link: https://www.econbiz.de/10011282340
We present a Schumpterian model of endogenous growth with General Purpose Technologies (GPTs) that captures two important historical stylized facts: First, from the beginning of mankind until today GPTs are arriving at an increasing frequency and, second, all GPTs heavily depended on previous...
Persistent link: https://www.econbiz.de/10011753212
This paper looks at the interplay between human capital and innovation in the presence of climate and educational … moderate, short-term consumption loss. Human capital is complement to all forms of innovation and an educational policy … stimulates both energy and general purpose innovation. This result has important policy implications considering the growing …
Persistent link: https://www.econbiz.de/10010282969
market share across firms when assessing creditworthiness. The model is able to capture features of innovation and diffusion …
Persistent link: https://www.econbiz.de/10010458501