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R&D-based growth model

R & D Based Growth Model with Nominal Wage Stickiness

R & D Based Growth Model with Nominal Wage Stickiness

... endogenous growth have concluded that a higher money growth is associated with a lower rate of long-run growth, which is contrary to the conclusion of this ...long-run growth using the ...

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Finite length patents and functional differential equations in a non scale R&D based growth model

Finite length patents and functional differential equations in a non scale R&D based growth model

... countries. R&D-based growth models, however, often presume an infinite patent ...non-scale R&D- based growth model, while allowing any patent’s ...

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Technological Spillovers and Patterns of Growth with Sector Specific R&D

Technological Spillovers and Patterns of Growth with Sector Specific R&D

... a model of endogenous technical change with two R&D ...each R&D sector produces heterogenous ...standard R&D based growth models with homogenous ...

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Monetary Policy in a Schumpeterian Growth Model with Two R&D Sectors

Monetary Policy in a Schumpeterian Growth Model with Two R&D Sectors

... their model, the current study considers a Schumpeterian growth model and analyzes the effects of monetary policy via a CIA constraint on ...of R&D in the market economy is the ...

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R&D Growth and Business Cycles Measured with an Endogenous Growth DSGE Model

R&D Growth and Business Cycles Measured with an Endogenous Growth DSGE Model

... by R&D activities impacts on business cycles as well as economic growth, using a medium-scale neo-classical dynamic stochastic general equilibrium (DSGE) model following Comin and Gertler ...

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R&D financing and growth

R&D financing and growth

... endogenous growth theory, started by Romer (1990), Aghion and Howitt (1992), Grossman and Helpman ...GE model in which entrepreneurs are simultaneously engaged in technological innovation and financial ...

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Effects of R&D Subsidies in a Hybrid Model of Endogenous Growth and Semi Endogenous Growth

Effects of R&D Subsidies in a Hybrid Model of Endogenous Growth and Semi Endogenous Growth

... a growth-theoretic analysis on the e¤ects of R&D ...hybrid growth model in which the economy may exhibit semi-endogenous growth or fully endogenous growth in the long ...

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On the Growth and Welfare Effects of Defense R&D

On the Growth and Welfare Effects of Defense R&D

... defense R&D into a modified version of the Grossman-Helpman (1991) quality- ladder model, which is a workhorse model in the R&D-based growth ...defense ...

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Do R&D subsidies necessarily stimulate economic growth?

Do R&D subsidies necessarily stimulate economic growth?

... long-run growth in an expanding-variety R&D-based growth model, developed by Romer (1990), with both innovation and capital accumulation being the engines of long-run ...

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Africa’s Growth Trap: A Political-Economy Model of Taxation, R&D and Investment

Africa’s Growth Trap: A Political-Economy Model of Taxation, R&D and Investment

... the model followed by a variety of alternative formulations and robustness ...the model implies that countries make discrete jumps from one regime to the ...producers.This model-based ...

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Effects of Patent Policy on Income and Consumption Inequality in an R&D Growth Model

Effects of Patent Policy on Income and Consumption Inequality in an R&D Growth Model

... between growth and inequality has been an important issue in ...economic growth is driven by technological progress which in turn is influenced by innovation policies, this paper analyzes the effects of ...

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The effects of unionization in an R&D growth model with (In)determinate equilibrium

The effects of unionization in an R&D growth model with (In)determinate equilibrium

... (1991) R&D-based endogenous growth model with elastic labor embodying a union, this paper explores the effects of unionization on economic growth and the stability of the ...

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R&D and economic growth in a cash in advance economy

R&D and economic growth in a cash in advance economy

... negative growth e¤ect - by reducing human capital input from ...structure R&D is always sub-optimal, the Friedman rule would be second-best ...their model, which quite unrealistically ...

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A Generalized Quality Ladder Growth Model with Patent Breadth: Quantifying the Effects of Blocking Patents on R&D

A Generalized Quality Ladder Growth Model with Patent Breadth: Quantifying the Effects of Blocking Patents on R&D

... on R&D and provides an effective solution to the potential problem of R&D underinvestment identified by Jones and Williams (1998) and ...to R&D based on ...

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A Tale of Two Growth Engines: Interactive Effects of Monetary Policy and Intellectual Property Rights

A Tale of Two Growth Engines: Interactive Effects of Monetary Policy and Intellectual Property Rights

... AK model, a small but growing number of studies, such as Marquis and Reffett (1994), Funk and Kromen (2006, 2010) , Chu and Lai (2013), Chu and Cozzi (2014) and Chu, Cozzi, Lai and Liao (2015), have analyzed the ...

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A nonscale growth model with R&D and human capital accumulation

A nonscale growth model with R&D and human capital accumulation

... new model carries the theoretically surprising result that growth de- pends positively on the ratio of …nal-good-workers to ...of growth rates across countries and through time as a result of the ...

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Semi Endogenous R&D Growth Model with Negative Population Growth

Semi Endogenous R&D Growth Model with Negative Population Growth

... (1995) R&D growth model in which technological progress is endogenously determined to investigate how growth rates of key variables are determined when population growth is ...

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International R&D Funding and Patent Collateral in an R&D Growth Model

International R&D Funding and Patent Collateral in an R&D Growth Model

... that R&D patents often serve as collateral when entrepreneurs issue bonds to borrow funds for R&D (see, ...2014). Based on these empirical findings, it is interesting to shed ...

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R&D Investment and Matthew Effect in Economic Growth—An Empirical Study Based on Guangdong Province

R&D Investment and Matthew Effect in Economic Growth—An Empirical Study Based on Guangdong Province

... of R&D expenditures and personnel input on regional economic ...economic growth and R&D investment in the Yangtze River Economic Belt have long-term in terms of stable ...

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Optimal policy and non scale growth with R&D externalities

Optimal policy and non scale growth with R&D externalities

... the R&D sectors by assuming spillovers from past innovations, but this assumption substantially alters the welfare properties of decentralized ...into R&D activity because agents fail ...

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