Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge …-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have …. This paper therefore assesses the effect of spillovers in driving per capita output growth taking into account the role of …

This paper explores the relationship between the productivity growth and both domestic and international knowledge … empirically verify the extent of domestic and international knowledge spillovers we have followed endogenous growth approach and … explaining productivity growth in the Korean manufacturing industries during the 1970s and 1980s, but the international knowledge …

efficiency and its economic growth (measured in GNI per capita) for the time period of 1965 to 2009. The results reveal that …

depreciation neutrality. Intertemporal or growth neutrality, however, is only generated financing investments by retaining profits. …

This paper presents an endogenous growth model in which the economy grows without either scale effects or population … growth. The key mechanism is substitution between investments in capital and technology when firms face increasing … population while the economy can grow without population growth. In present-day industrialized economies, therefore, both scale …

R&D spillovers are, potentially, a major source of endogenous growth in various recent "new growthJ theory" models. The …