This paper presents an endogenous growth model of directed technical change with vertical and horizontal R&D to study …

technical change, which is able to reconcile these findings. In doing so, this paper emphasizes the importance of directed … technical change, nonhomotheticity of preferences and structural change as a long-run phenomenon. Using the input-output tables … and (iii) long-run trends in relative TFP growth rates across sectors. We provide a tractable theory of industry directed …

We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change …

We introduce endogenous directed technical change into numerical integrated climate and development policy assessment …

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry …

This paper investigates the determinants of directed technical change in the electricity generation sector. We use firm …

profit-driven Directed Technical Change (in the spirit of Romer/Acemoglu), we generate transitional dynamics that can be …

inequality in a Ricardian model with directed technical change. In our model, profit maximization determines both the extent of …