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Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based … institutions; and (iv) the emergence and impact of long-term technological waves. In each case, Schumpeterian growth theory …
Persistent link: https://www.econbiz.de/10014025596
We explore the question of how political institutions and particularly democracy affect economic growth. Although … empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that … democracy influences productivity growth in different sectors differently and that this differential effect may be one of the …
Persistent link: https://www.econbiz.de/10012760042
We explore the question of how political institutions and particularly democracy affect economic growth. Although … empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that … democracy influences productivity growth in different sectors differently and that this differential effect may be one of the …
Persistent link: https://www.econbiz.de/10012465474
We explore the question of how political institutions and particularly democracy affect economic growth. Although … empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that … democracy influences productivity growth in different sectors differently and that this differential effect may be one of the …
Persistent link: https://www.econbiz.de/10012776823
slowdown in US economic growth. The argument is based on the growth theory that we have previously developed and tested, which …
Persistent link: https://www.econbiz.de/10013405517
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based … institutions; and (iv) the emergence and impact of long-term technological waves. In each case, Schumpeterian growth theory …
Persistent link: https://www.econbiz.de/10010869049
Schumpeterian growth theory has “operationalized” Schumpeter’s notion of creative destruction by developing models … growth institutions; (iv) the emergence and impact of long-term technological waves. In each case Schumpeterian growth theory …
Persistent link: https://www.econbiz.de/10010741440
Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models … growth institutions; (iv) the emergence and impact of long-term technological waves. In each case Schumpeterian growth theory …
Persistent link: https://www.econbiz.de/10010951386
Schumpeterian growth theory has .operationalized. Schumpeter’s notion of creative destruction by developing models … theory delivers predictions that distinguish it from other growth models and which can be tested using micro data. …
Persistent link: https://www.econbiz.de/10010822920
In this paper we use cross-state panel data to show that top income inequality is (at least partly) driven by innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income inequality in cross-state panel regressions. Two distinct...
Persistent link: https://www.econbiz.de/10013021154