Education and innovation as twin-engines of growth

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Show simple item record Stadler, Manfred de_DE 2006-08-18 de_DE 2014-03-18T10:02:35Z 2006-08-18 de_DE 2014-03-18T10:02:35Z 2006 de_DE
dc.identifier.other 284961434 de_DE
dc.identifier.uri de_DE
dc.description.abstract We develop a dynamic general equilibrium model of education, quality and variety innovation, and scale-invariant growth. The early endogenous innovation-based growth models incorporate a scale effect predicting that larger economies are characterized by higher per capita growth rates. Recent models of semi-endogenous growth remove this scale effect but instead imply that economic growth depends proportionally on population growth. In contrast to the predecessor models, this paper argues that endogenous human-capital accumulation rather than an exogenously given continuing increase of the population is decisive for per capita growth. The consequence of the proposed integration of human capital accumulation into a two-R&D-sector model of quality and variety innovation is that education and innovation appear as twin-engines of growth and that steady state growth rates can be enhanced by subsidizing education. en
dc.language.iso en de_DE
dc.publisher Universität Tübingen de_DE
dc.rights ubt-podno de_DE
dc.rights.uri de_DE
dc.rights.uri en
dc.subject.classification Bildung , Innovation de_DE
dc.subject.ddc 330 de_DE
dc.subject.other Education , quality and variety innovation , scale-invariant growth en
dc.title Education and innovation as twin-engines of growth en
dc.type WorkingPaper de_DE 2006-08-18 de_DE
utue.publikation.fachbereich Wirtschaftswissenschaften de_DE
utue.publikation.fakultaet 6 Wirtschafts- und Sozialwissenschaftliche Fakultät de_DE
dcterms.DCMIType Text de_DE
utue.publikation.typ workingPaper de_DE 2436 de_DE
utue.opus.portal wiwidisk de_DE
utue.opus.portalzaehlung 302.00000 de_DE
utue.publikation.source Tübinger Diskussionsbeiträge der Wirtschaftswissenschaftlichen Fakultät ; 302 de_DE
utue.publikation.reihenname Tübinger Diskussionsbeitrag de_DE
utue.publikation.zsausgabe 302
utue.publikation.erstkatid 2136475-8


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