Agnani, Betty; Gutiérrez, Mª José; Iza, Amaia - Centro de Estudios Andaluces, Government of Andalusia - 2008
The aim of this paper is to analyze how active R&D policies affect the growth rate of an economy with endogenous growth and non-renewable resources. We know from Scholz and Ziemens (1999) and Groth (2006) that in infinitely lived agents (ILA) economies, any active R&D policy increases the growth...