Showing 1 - 10 of 5,096
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …
Persistent link: https://www.econbiz.de/10011810111
redistribution can promote growth and welfare by mitigating economic waste from resource misallocation that is caused by credit … local or global origin, then even with endogenous growth led by constant returns to capital, the ERH survives …
Persistent link: https://www.econbiz.de/10012957425
internalisation of knowledge externalities. Moreover, we show that implementing technology policy as a substitute for stabilisation …
Persistent link: https://www.econbiz.de/10010270521
source of growth and welfare …We provide a unified framework for quantifying the cross-country and cross-sector interactions among trade, innovation …, and knowledge diffusion. We study the effect of trade liberalization in an endogenous growth model in which comparative …
Persistent link: https://www.econbiz.de/10013238428
We document a series of new facts about the very first firms and patents that form new edges in the directed citation networks across patent categories. We call them pathfinder firms and patents. First, the typical pathfinder firms are very larger firms. Second, the average pathfinder patents...
Persistent link: https://www.econbiz.de/10013238872
What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the … concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly …
Persistent link: https://www.econbiz.de/10010252161
This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non … Schumpeterian growth model by introducing explicitly knowledge diffusion over a Salop (1979) circle: a continuum of sectors … growth rate is. The paper tackles the apparent following paradox. Knowledge diffusion seems to lead to scale effects; however …
Persistent link: https://www.econbiz.de/10011515411
This paper challenges the key assumption in "idea based growth models" that innovation rents ultimately reward the … bulk of the innovation rents and are generally the residual claimant. We develop a model that separates invention from … innovation where new ideas are a costless spillover from profit motivated corporate R&D aimed at improving existing production …
Persistent link: https://www.econbiz.de/10013089419
A growth model is presented that examines i) the creation of skill-biased knowledge through invention (defined here as … additions to leading-edge knowledge) and ii) its diffusion to adoptive knowledge through innovation (defined here as later … applications of knowledge to low cost production methods). The model incorporates my theory that invention, innovation, and …
Persistent link: https://www.econbiz.de/10014068589
This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non … Schumpeterian growth model by introducing explicitly knowledge diffusion over a Salop (1979) circle: a continuum of sectors … growth rate is. The paper tackles the apparent following paradox. Knowledge diffusion seems to lead to scale effects; however …
Persistent link: https://www.econbiz.de/10012984503