Engines of Growth: Education and Innovation-Reference-Cited by-同舟云学术

Engines of Growth: Education and Innovation

Published:2012-08-01 Issue:2 Volume:63 Page:113-124
ISSN:2366-035X
Container-title:Review of Economics
language:en
Short-container-title:

Author:

Stadler Manfred¹

Affiliation:

1. University of Tübingen, Department of Economics and Business Administration, Mohlstraße 36, D-72074 Tübingen, Germany

Abstract

Summary The paper presents a dynamic general-equilibrium model of education, quality and variety innovation, and scale-invariant growth. We consider endogenous human-capital accumulation in an educational sector and quality and variety innovation in two separate R&D sectors. In the balanced growth equilibrium education and innovation appear as in-line engines of growth and government can accelerate growth by subsidizing education or by enhancing the effectiveness of the educational sector.

Publisher

Walter de Gruyter GmbH

Subject

General Economics, Econometrics and Finance

Link

https://www.degruyter.com/document/doi/10.1515/roe-2012-0202/pdf

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