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(University College Dublin. School of Economics, 1996-03)Exogenous growth models imply that, if human capital formation is endogenous, there is a negative relationship between human capital and growth. This prediction is tested against the alternative of the Lucas- Uzawa model ...
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(Swiss Federal Institute of Technology Zurich, 2006-03)We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously ...
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(CER-ETH – Center of Economic Research at ETH Zurich, 2006)We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously ...
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(Elsevier Science B.V., 1992-10)Recent evidence on output convergence across economies has been widely interpreted as falsifying the predictions of endogenous growth theory. This paper shows, however, that nonconvergence is an artifact of the deterministic ...
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(Cambridge University Press, 2008-12)We analyze a two-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously ...
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(Springer Science + Business Media, 2007-04-24)Output per worker can be expressed as a function of technological efficiency and of the capital-output ratio. Because technology is exogenous in the Solow model, all of the endogenous convergence dynamics take place through ...
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(Central Bank of Ireland, 2006-07)Output per worker can be expressed as a function of technological efficiency and of the capital-output ratio. Because technology is exogenous in the Solow model, all of the endogenous convergence dynamics take place through ...
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(University College Dublin. School of Economics, 2010-11)Recent empirical research has questioned the validity of using Malthusian theory in pre-industrial England. Using real wage and vital rate data for the years 1650-1881, I provide empirical estimates for a different region ...
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(Centre for Economic Policy Research, 2001-11)This Paper analyses endogenous price leadership in a duopolistic market with differentiated products and symmetrically informed firms. We study the effects of deadlines and discounting in a standard endogenous leadership ...
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(University College Dublin. Geary Institute, 2009-07)We construct a theoretical model of the dynamic processes (firm entry, growth, decline, and exit) that underpin the determination of a limiting firm size distribution (FSD). In particular, we model such dynamic processes ...