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In the present study, labor markets were analyzed, in particular, the reasons of low labor force rate to make sense based on the data of Turkish economy. While in the advanced economies, the labor force rate is quite high and has small fluctuations around a certain extent over a long-term. In...
Persistent link: https://www.econbiz.de/10015242037
We fully characterize the transition to sustained growth of resource-constrained economies using a model of industrialization that reproduces key stylized facts of resource use and prices. Natural scarcity, endogenous demography and innovations generate different growth regimes: knowledge-based...
Persistent link: https://www.econbiz.de/10015213406
on firm innovation and aggregate growth. We first document a set of sectoral-level and firm-level observations on … innovation in which inter-sectoral knowledge linkages determine the set of sectors a firm chooses to innovate in and how much R …
Persistent link: https://www.econbiz.de/10015213996
IPR protection and innovation, but the evidence is stronger for developed countries than for developing countries. Thirdly …, the optimal level of IPR protection should tradeoff the social benefits of enhanced innovation against the social costs of …
Persistent link: https://www.econbiz.de/10015218211
innovation and total factor productivity at the country level. More recently this approach has been extended to take account of … externalities induced by innovation activities from foreign countries. This article is an attempt to test this relationship in the … those that relate productivity to innovation ad hoc, allows us to test the exogenous nature of externalities induced by R …
Persistent link: https://www.econbiz.de/10015220738
To analyze the welfare gain from allowing for differentiated patent protection across sectors, this study develops a two-sector quality-ladder growth model in which patent breadth is a policy variable and derives the optimal patent breadth under two policy regimes. We show that (i) the optimal...
Persistent link: https://www.econbiz.de/10015220849
To analyze the welfare gain from allowing for differentiated patent protection across sectors, this study develops a two-sector quality-ladder growth model in which patent breadth is a policy variable and derives optimal patent breadth under two patent regimes. We show that (a) uniform optimal...
Persistent link: https://www.econbiz.de/10015221992
This study develops a Schumpeterian growth model to analyze the effects of different patent instruments on innovation …. We first analyze patent breadth that captures the traditional positive effect of patent rights on innovation. Then, we … assigned to incumbents reduces entrants' incentives for innovation. This aspect of blocking patents captures the recently …
Persistent link: https://www.econbiz.de/10015224596
This study develops an R&D-based growth model with basic and applied research to analyze the growth and welfare effects of two patent instruments (a) the patentability of basic R&D and (b) the division of profi�t between basic and applied researchers. We �find that for the purpose of...
Persistent link: https://www.econbiz.de/10015225052
How does patent policy affect long-run economic growth through the population growth rate? To analyze this question, we develop an R&D-based growth model with endogenous fertility. In recent vintages of R&D-based growth models in which scale effects are absent, the long-run growth rate depends...
Persistent link: https://www.econbiz.de/10015225756