20th Century to keep pace with rapid population growth. In a third section, we replace the word "population" in the above … cited Malthus' quote with "consumption" and illustrate what this might imply for global world growth and Europe's place in … knowledge re-use, adaptation and embedment in many emerging and developing countries involving efforts at local innovation, is …

innovation output and economic growth for regions of the European Union from 1990-2002. Using several measures of social capital … and innovation, and the European Union’s Objective 1, 2 and 5b figures for EU regional support, the estimates suggest that …

This paper investigates the interplay between social capital, innovation and economic growth in the European Union. We … identify innovation as an important mechanism that transforms social capital into economic growth. In an empirical … growth and that social capital affects growth indirectly by fostering innovation. Our estimates suggest that there is only a …

The sign of worker remittances in growth regressions is heavily disputed in the literature. Comparing two growth …

In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we … speed up growth. The results also show a strong positive effect of reductions in the cost of making new connections. This … has a significant impact on both the steady state growth rate and on transitional growth, while significantly reducing the …

The credit crisis of OECD countries has a negative impact on the growth of the world economy according to a simple … error correction model. This causes negative growth effects in poor developing countries. The reduced growth has a direct or … indirect impact on the convergence issue, aid, remittances, labour force growth, investment and savings, net foreign debt …

Growth theory has mainly focused on process innovation, either through an increase in quality of the product or a … reduction on the cost. The main contributions in growth theory that includes product innovation has been done in the Dixit and …. Goods are different in their habit formation parameters. Innovation is not the normal reduction in costs but an increase in …

We derive the central differential equation of the neoclassical growth model for the case of a CES (constant elasticity …-run deviations from this long-run path, which are characterized by non-sustainable explosive debt growth. These phases are …/3 without), a growth rate of labour-augmenting technical change of 1.65% (1.5%) and a corresponding initial level of labour …

We show empirically that aid given to poor developing countries enhances growth and reduces emigration once several … flows as a share of the labour force and GDP per capita growth and also for all their regressors including remittances and … immigration, savings, public expenditure on education and growth, but reduce tax revenues, all as a share of GDP. Net immigration …

Remittances may have an impact on economic growth through channels to physical and human capital. We estimate two … per capita when compared to the counterfactual of having no remittances. Their ratio of the steady-state growth rates with …