Similar Search Results

Is regional innovative activity path-dependent? : an empirical analysis for Germany

Bode, Eckhardt - 2001

Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...

Persistent link: https://www.econbiz.de/10011477128

Schumpeterian growth with technological interdependence : an application to US states

Deeken, Tim - 2015

In this paper, the Schumpeterian growth model developed by Ertur and Koch (2011) that includes spatial interactions between units of observation working via R&D spillovers is presented in detail. The implications of this model and three additional growth models with and without spatial...

Persistent link: https://www.econbiz.de/10011379935

A multiregional endogenous growth model with forward looking agents

Bröcker, Johannes - 2011 - Under construction

The paper presents a multiregional endogenous growth model designed for calibration with real world data and for numerical policy evaluation. It integrates four strands of research: (1) the Ramsey model of consumer behaviour, (2) Tobin's q-theory of investment, (3) Romer's theory of endogenous...

Persistent link: https://www.econbiz.de/10011527388

South-North convergence from a new perspective

Hübler, Michael - 2013

-North convergence based on North-South technology diffusion through intermediate goods trade is guaranteed if the knowledge effect … dominates the productivity effect. Moreover, a larger Southern market expands the area of convergence and can prevent divergence … convergence is desirable for both, the South and the North. …

Persistent link: https://www.econbiz.de/10010204037

Productive Government Expenditure and Economic Growth

Irmen, Andreas; Kühnel, Johanna - 2008

We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...

Persistent link: https://www.econbiz.de/10011422176

Government spending composition in a simple model of Schumpeterian growth

Wiederhold, Simon - 2009

This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We construct a parsimonious Schumpeterian growth model in which demand from the public sphere can effectively alter the economy's rate of technological change. We incorporate results of...

Persistent link: https://www.econbiz.de/10003924192

Productive government expenditure and economic growth

Irmen, Andreas; Kuehnel, Johanna - 2008

Persistent link: https://www.econbiz.de/10003747332

Fiscal Policy and Productivity Growth in the OECD

Cassou, Steven P.; Lansing, Kevin J. - 1999

We use a simple endogenous growth model with productive public capital to investigate the degree to which observed fiscal policies in eight OECD countries can account for slowdowns in the growth rates of aggregate labor productivity since 1970. In model simulations, we find that none of the...

Persistent link: https://www.econbiz.de/10014200464

Flexible Debt Policy Rules in an Open Economy

Morimoto, Keiichi; Takizawa, Reo - 2023

Through a comparative dynamic analysis, we argue that the reality of public debt issuance, which responds flexibly to business cycles in contrast to the EU’s institutionally prescribed fiscal discipline, may contribute to macroeconomic stabilization. Through a simple econometric analysis, we...

Persistent link: https://www.econbiz.de/10014355546

Public Debt and Public Investment in an Endogenous Growth Model with Real Wage Rigidities

Greiner, Alfred - 2012

In this paper we present an endogenous growth model with public capital, public debt and where real wages are either flexible or rigid due to labor market imperfections. With flexible wages, a balanced budget scenario yields the highest balanced growth rate. Further, simulations suggest that...

Persistent link: https://www.econbiz.de/10012712481

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