research on the relationship between defense spending and economic growth. In this respect, Dunne, Smith and Willenbockel (2005 …. First, we develop the true growth-defense model, based on Dunne, Smith and Willenbockel (2005). Second, we overcome the … general weakness of constant and identical technological progress assumption in empirical growth studies by employing …

Mankiw Romer and Weil (1992) made the Solovian set up widely-used to test the determinants of economic growth and the … framework, the growth rate of technology depends on the characteristics of the R&D sector, including the share of labor devoted … convergence hypothesis, but predicts a much lower convergence rate (0.01) than that predicted by the existing empirical growth …

This North-South model of Schumpeterian endogenous growth combines a market, productivity and knowledge effect. A set … of various convergent and divergent growth paths is derived that is much richer than in the literature so far. South …. Not only a larger Southern market size, but also a higher Southern steady state growth rate benefit the North so that …