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This paper studies a generalization of the Schumpeterian models with endogenous market structure that allows the overall production structure to be more than linear in the growth driving factor and yet generates endogenous growth, defined as steady-state, constant, exponential growth of income...
Persistent link: https://www.econbiz.de/10012116724
This paper integrates fertility choice and exhaustible resource dynamics in a tractable model of endogenous technological change. The analysis shows that, under the right conditions, the interdependence of population, resources and technology produces a transition from unsustainable...
Persistent link: https://www.econbiz.de/10012116773
Persistent link: https://www.econbiz.de/10012128453
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We analyze the relative growth performance of open economies in a two-country model where different endowments of labor and a natural resource generate asymmetric trade. A resource-rich economy trades resource-based intermediates for final manufacturing goods produced by a resource-poor economy....
Persistent link: https://www.econbiz.de/10008746491
Empirical studies show that pollution is one of the world's most significant causes of premature death. However, despite its importance macroeconomics still largely neglects this negative externality. To fill the gap, we build a model where productivity growth, emissions, mortality and fertility...
Persistent link: https://www.econbiz.de/10012125517
This dissertation presents two essays on endogenous growth and renewable resources. The first essay explores the role of renewable resources in a tractable model of endogenous growth driven by horizontal and vertical innovation in the closed economy. The model is tractable in that it yields a...
Persistent link: https://www.econbiz.de/10009475394
The growth literature on the Industrial Revolution has produced novel insights that have changed the way economists think about the issue. Most of the available models, however, focus on the household and do not put industrial activity at the center of the analysis. Consequently, they leave out...
Persistent link: https://www.econbiz.de/10011124107
We analyze the relative growth performance of open economies in a two-country model where different endowments of labor and a natural resource generate asymmetric trade. A resource-rich economy trades resource-based intermediates for final manufacturing goods produced by a resource-poor economy....
Persistent link: https://www.econbiz.de/10011753188
Persistent link: https://www.econbiz.de/10004970328