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Schumpeterian growth

Human Capital and Innovation in a Monetary Schumpeterian Growth Model

Human Capital and Innovation in a Monetary Schumpeterian Growth Model

... economic growth and social welfare? To explore this ques- tion, this study develops a scale-invariant monetary Schumpeterian growth model with hu- man ...

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A Schumpeterian Growth Model with Heterogenous Firms

A Schumpeterian Growth Model with Heterogenous Firms

... the Schumpeterian growth literature is that the innovation size is constant and identical across ...a Schumpeterian growth model that is consistent with this ...quality-ladder growth ...

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Inflation and Fertility in a Schumpeterian Growth Model: Theory and Evidence

Inflation and Fertility in a Schumpeterian Growth Model: Theory and Evidence

... impact growth and welfare—through fertility ...scale-invariant Schumpeterian growth model with endogenous fertility and a cash-in-advance constraint on consumption, we …nd a positive e¤ect of an ...

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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

... a Schumpeterian growth model and analyzes the effects of monetary policy via a CIA constraint on ...a Schumpeterian growth model with CIA on ...a Schumpeterian growth with ...

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Health and Innovation in a Monetary Schumpeterian Growth Model

Health and Innovation in a Monetary Schumpeterian Growth Model

... a Schumpeterian growth ...economic growth and ...long-run growth crucially depends on the form of the CIA ...long-run growth does not depend on the nominal interest rate, but welfare ...

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Counting innovations: Schumpeterian growth in discrete time

Counting innovations: Schumpeterian growth in discrete time

... Schumpeterian growth theory based on creative destruction was originally designed for continuous time innovation and growth models. However its recently expanding use in DSGE modelling calls for an ...

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Dynamic Comparative Advantage and Trade under Schumpeterian Growth.

Dynamic Comparative Advantage and Trade under Schumpeterian Growth.

... factors. The growth is driven by variety expansion. The paper presents two main re- sults. The rst one is a weak induced-biased hypothesis : an increase in the relative abundance of a factor causes certain amount ...

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Sustained Comparative Advantage in a Model of Schumpeterian Growth without Scale Effects

Sustained Comparative Advantage in a Model of Schumpeterian Growth without Scale Effects

... “quality-ladders” growth without scale effects to analyze how the pattern of trade and the relative wage are determined in steady-state ...population growth and the R&D difficulty on relative ...

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Monetary policy and endogenous market structure in a schumpeterian economy

Monetary policy and endogenous market structure in a schumpeterian economy

... the growth and welfare e¤ects of monetary policy in variants of the overlapping generations model or the Neoclassical growth ...Neoclassical growth model; however, they do not consider R&D-driven ...

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Schumpeterian Foundations of Real Business Cycles

Schumpeterian Foundations of Real Business Cycles

... of Schumpeterian growth provides some mechanisms that help to explain economic ...with growth that is missing in the current generation of DSGE models, such as Christiano, Eichenbaum and Evans (2005) ...

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Monetary policy and endogenous market structure in a Schumpeterian economy

Monetary policy and endogenous market structure in a Schumpeterian economy

... economic growth; 4 see Tobin (1965) and Stockman (1981) for seminal studies and Wang and Yip (1992) for a discussion on di¤erent approaches of modelling money ...the growth and welfare e¤ects of monetary ...

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Inflation and Economic Growth in a Schumpeterian Model with Endogenous Entry of Heterogeneous Firms

Inflation and Economic Growth in a Schumpeterian Model with Endogenous Entry of Heterogeneous Firms

... a Schumpeterian growth model with endogenous entry of heterogeneous …rms to analyze the e¤ects of monetary policy on economic ...peterian growth model in seminal studies such as Segerstrom et ...a ...

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Schumpeterian Creative Class Competition, Innovation Policy, and Regional Economic Growth

Schumpeterian Creative Class Competition, Innovation Policy, and Regional Economic Growth

... The Schumpeterian competition we study is described in detail in section 2 ...study Schumpeterian economic growth in one or more ...a Schumpeterian growth model to study the ...

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General Purpose Technologies and their Implications for International Trade

General Purpose Technologies and their Implications for International Trade

... General purpose technologies (GPTs) are drastic innovations, such as electrification, the transistor, and the Internet, that are characterized by the pervasiveness in use, innovational complementarities, and ...

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Stage Dependent Intellectual Property Rights

Stage Dependent Intellectual Property Rights

... a Schumpeterian growth model of distance to frontier in which economic growth in the developing country is driven by domestic innovation as well as imitation and transfer of foreign technologies ...

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Changing the Research Patenting Regime: Schumpeterian Explanation

Changing the Research Patenting Regime: Schumpeterian Explanation

... Starting in the early 1980s, the U.S. patent regime experienced ma- jor changes that allowed the patenting of numerous scienti…c …ndings lacking in current commercial applications. We assess the rationality of these ...

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A Schumpeterian theory of underdevelopment – a contradiction in terms?

A Schumpeterian theory of underdevelopment – a contradiction in terms?

... The high-tech industries and, in general, those activities working under imperfect competition are the national wage leaders. This causes the phenomenon of ‘industry rent’ in labour economics: certain industries, usually ...

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Technology and Business Cycles: A Schumpeterian Investigation for the USA

Technology and Business Cycles: A Schumpeterian Investigation for the USA

... the Schumpeterian theory of business cycles, since clustering of innovative activity is evident in most sectors, which in turn promotes the aggregate output evolution of each ...

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Technology, development and economic crisis: the Schumpeterian legacy

Technology, development and economic crisis: the Schumpeterian legacy

... Technology and income distribution. This is another theme central among Classical economists, an issue somewhat dealt with by post-Keynesian scholars and somehow surprisingly expelled by the Neo-Schumpeterian ...

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Institutions, Human Capital and Entrepreneurial Orientation (EO): Implications for Growth Strategy

Institutions, Human Capital and Entrepreneurial Orientation (EO): Implications for Growth Strategy

... in growth, even at low levels of productive capabilities, support the notion that EO is indeed an important conduit through which institutions and policies engender ...and growth in middle-to-high income ...

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