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This paper incorporates endogenous migration into a second-generation Schumpeterian growth model to study how migration, innovation, and growth interact with one another. The paper finds that migration always enhances the rates of innovation and growth of the receiving economy, but implementing...
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The influence of the intensity of competition in the product market on economic growth is analyzed by developing an endogenous growth model with horizontal innovation. Product market competition is measured by (1-Lerner index) and depends on both the share of factor inputs in total income and...
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