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This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...
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We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas … states: one stagnant where energy is fully derived from the alternative energy source, and one with balanced growth where …
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In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U …
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technical progress, the above-unity elasticity of substitution can be a source of growth (the ‘de La Grandville hypothesis’). We …
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