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innovation. These include both improvements in physical capital, such as smart grids to aid integration of intermittent … innovation and discuss the lessons learnt for policy. We then discuss the need for complementary innovation in both physical …
Persistent link: https://www.econbiz.de/10014078676
This paper discusses the relationship between medical innovations and ageing from a health economics perspective and surveys empirical evidence on medical R&D incentives, R&D costs of pharmaceuticals, and the cost-effectiveness of health innovations. Particular focus is on the endogeneity of...
Persistent link: https://www.econbiz.de/10013322775
that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation. Empirical verification using a VAR regression model in the context of … immigration facilitates innovation with favorable impact on reducing wage-gap …
Persistent link: https://www.econbiz.de/10012861379
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …
Persistent link: https://www.econbiz.de/10012867871
In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …
Persistent link: https://www.econbiz.de/10012824572
To analyze the impact of labor scarcity on technology adoption and innovation, this study uses the differential spread …, had a positive and significant shortrun effect on technology adoption and innovation in agriculture but a negative and …
Persistent link: https://www.econbiz.de/10013307770
STEM-skill intensive and are associated with innovation, as well as with technology adoption, management, and diffusion …
Persistent link: https://www.econbiz.de/10014348039
What is the impact on intra-national trade and regional economic outcomes when the quality and lane-capacity of an existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a large-scale public investment in roads during the...
Persistent link: https://www.econbiz.de/10013211730
We show that the creation of the first integrated pan-European transport network during Roman times influences economic integration over two millennia. Drawing on spatially highly disaggregated data on excavated Roman ceramics, we document that interregional trade was strongly influenced by...
Persistent link: https://www.econbiz.de/10012866077
While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous growth model that reconciles the current aggregate...
Persistent link: https://www.econbiz.de/10010289359