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Engines of growth: Education and innovation

The paper presents a dynamic general-equilibrium model of education, quality and variety innovation, and scale-invariant growth. We consider endogenous humancapital accumulation in an educational sector and quality and variety innovation in two separate R&D sectors. In the balanced growth equilibrium education and innovation appear as in-line engines of growth and government can accelerate growth by subsidizing education or by enhancing the effectiveness of the educational sector.

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Year of publication:	2012
Authors:	Stadler, Manfred
Publisher:	Tübingen : University of Tübingen, Faculty of Economics and Social Sciences
Subject:	education \| quality and variety innovation \| scale-invariant growth

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Series:	University of Tübingen Working Papers in Economics and Finance ; 40
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	718198743 [GVK] hdl:10419/59596 [Handle] RePEc:zbw:tuewef:40 [RePEc]
Classification:	O2 - Development Planning and Policy ; O3 - Technological Change; Research and Development
Source:	EconStor

Persistent link: https://www.econbiz.de/10010309305