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Persistent link: https://www.econbiz.de/10014252494
The bioeconomy-specific paradigm has changed the perception of economic growth in the sense that the growth limits do not matter, but new growth opportunities. These are focused on: knowledge, investment in research, innovation and technological performance, which give meaning to the concept of...
Persistent link: https://www.econbiz.de/10011888200
This article presents new international estimates of human capital for the period 1970–2003. The new latent index is used to re-examine the Benhabib and Spiegel (2005) model of technology diffusion in a horse-race with the competing indicators of Barro and Lee (2010) and Hanushek and Wößmann...
Persistent link: https://www.econbiz.de/10014142856
In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth 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/10010440426
Technological advance is often embodied in capital inputs. This paper develops a model where capital innovations occur on two margins: (1) vertically, where a capital input becomes more productive at a given task; and (2) horizontally, where a capital input replaces labor at a given task. These...
Persistent link: https://www.econbiz.de/10013388815
New growth theories hypothesize economic growth processes as heavily dependent on investment in Information and Communication Technology (ICT). However, the full empirical verification of this hypothesis still is an open task, particularly when growth is considered within selected countries such...
Persistent link: https://www.econbiz.de/10011712130
This study examines how the dissemination of research and development (R&D) and technology affected economic performance in different South American countries from 1990 to 2010. The objective is to understand the relationship between countries in the process of international technology...
Persistent link: https://www.econbiz.de/10014159597
The application of artificial intelligence (AI) across firms and industries warrants a line of research focused on determining its overall effect on economic variables. As a general-purpose technology (GPT), for example, AI helps in the production, marketing, and customer acquisition of firms,...
Persistent link: https://www.econbiz.de/10014497262
Persistent link: https://www.econbiz.de/10013202729
The growing interdependence between environmental resources, financial development, technological advancements, and energy consumption poses significant challenges for sustainable growth in emerging economies. This study investigates these dynamics in the BRICS nations (Brazil, Russia, India,...
Persistent link: https://www.econbiz.de/10015422102