Add to ORKGBy relaxing the two assumptions of constant returns to scale and perfect competition in the product market used by Solow (1957), this paper identifies a new decomposition of economic and productivity growth. The sources of economic growth are; adjusted economies of scales effect, weighted sum of input growth, and technical progress. The sources of productivity growth are; adjusted economies of scale effect and technical progress. The weight used for the input growth is the cost share of each input
Although the effects on wages and living standards of productivity growth tend to be broad-based, th...
This paper studies the implications of the existence of Increasing Returns to Scale in the generatio...
This paper studies the implications of the existence of Increasing Returns to Scale in the generatio...
By relaxing the two assumptions of constant returns to scale and perfect competition in the product ...
The recent slowdown in the growth of productivity in the U.S. has attracted considerable attention. ...
We begin by outlining competing stylised facts about economic growth and then set out the relations ...
Many facts attest to the existence of close ties between producer profits and economic growth. In th...
The purpose of this essay is to develop elements of an evolutionary theory of endogenous growth base...
Beginning with Romer (1990), a first generation of endogenous R&D growth models with expanding v...
During the late 1990's, a spurt of growth in output and productivity led the business press, and som...
Abstract Modern Schumpeterian growth theory focuses on the product line as the main locus of innovat...
During the late 1990's, a spurt of growth in output and productivity led the business press, and som...
This paper derives a number of theoretical results in the context of estimating returns to scale, te...
on those versions of this paper. I am solely responsible for any mistakes that remain. The recent bu...
A unified growth theory is developed that accounts for the roughly constant living standards display...
Although the effects on wages and living standards of productivity growth tend to be broad-based, th...
This paper studies the implications of the existence of Increasing Returns to Scale in the generatio...
This paper studies the implications of the existence of Increasing Returns to Scale in the generatio...
By relaxing the two assumptions of constant returns to scale and perfect competition in the product ...
The recent slowdown in the growth of productivity in the U.S. has attracted considerable attention. ...
We begin by outlining competing stylised facts about economic growth and then set out the relations ...
Many facts attest to the existence of close ties between producer profits and economic growth. In th...
The purpose of this essay is to develop elements of an evolutionary theory of endogenous growth base...
Beginning with Romer (1990), a first generation of endogenous R&D growth models with expanding v...
During the late 1990's, a spurt of growth in output and productivity led the business press, and som...
Abstract Modern Schumpeterian growth theory focuses on the product line as the main locus of innovat...
During the late 1990's, a spurt of growth in output and productivity led the business press, and som...
This paper derives a number of theoretical results in the context of estimating returns to scale, te...
on those versions of this paper. I am solely responsible for any mistakes that remain. The recent bu...
A unified growth theory is developed that accounts for the roughly constant living standards display...
Although the effects on wages and living standards of productivity growth tend to be broad-based, th...
This paper studies the implications of the existence of Increasing Returns to Scale in the generatio...
This paper studies the implications of the existence of Increasing Returns to Scale in the generatio...