. As in endogenous growth models, technological progress increases the number of varieties, raising average productivity …

. As in endogenous growth models, technological progress increases the number of varieties, raising average productivity …

Do high levels of human capital foster economic growth by facilitating technology adoption? If so, countries with more …. High human capital levels should therefore have translated into fast growth in more compared to less human … determinant of growth in human-capital-intensive industries. Using data for a large sample of countries, we find significant …

technical progress, the above-unity elasticity of substitution can be a source of growth (the 'de La Grandville hypothesis'). We …

At a time of slow growth in several advanced and emerging countries, calls for more structural reforms are multiplying …. However, estimations of the short- and medium-term impact of these reforms on GDP growth remain methodologically problematic …

multiple times higher than in traditional NK models. The main reason is that endogenous growth and DWR generate asymmetric and …

growth dynamics. First, as the composition of labour market skills leads to supply segmentation, the relative scarcity of … growth rate of output. Second, skill heterogeneity in the labour market generates asymmetric outcomes and amplifies measures …