Showing 11 - 20 of 97
In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in per-capita income levels and growth rates is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10010291916
The contribution of the ‘new economy’ to economic growth in developing countries has so far been minimal. Despite the recent hype, the ‘old economy’ will for long be the fundamental force behind economic growth in transition economies. Nonetheless, in the longer run the ‘new economy’...
Persistent link: https://www.econbiz.de/10010279022
The rapid development and diffusion of the information and communications technology (ICT) is the major driving force of the New Economy. While there is ample evidence to suggest that the ICT industry has contributed a great deal to the overall economic growth of the developed countries, its...
Persistent link: https://www.econbiz.de/10010279323
not matter, but new growth opportunities. These are focused on: knowledge, investment in research, innovation and … influences economic growth in the EU-28. We also focused on negative aspects such as the poor results of innovation in relation …
Persistent link: https://www.econbiz.de/10012004577
-middle-income countries need to initiate reform to motivate innovation by optimizing national R&D systems, and redesigning the educational … system to target promoting innovation. …
Persistent link: https://www.econbiz.de/10012064687
A new microeconomic model is presented that aims at a description of the long-term unit sales and price evolution of homogeneous non-durable goods in polypoly markets. It merges the product lifecycle approach with the price dispersion dynamics of homogeneous goods. The model predicts a minimum...
Persistent link: https://www.econbiz.de/10011307230
research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …
Persistent link: https://www.econbiz.de/10010331415
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
data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regio nal …
Persistent link: https://www.econbiz.de/10010326368
growth model that focuses on the aggregation of capital and innovation with environmental pressure. Importantly, the paper … presents methods for computing the optimal quantity of capital-goods and innovation-goods. The paper makes the empirical … researches using US GDP data (1940 - 2010 and 1969 - 2010). The findings include that the aggregations of capital and innovation …
Persistent link: https://www.econbiz.de/10011559140