PM Romer - Journal of political economy, 1986 - journals.uchicago.edu
This paper presents a fully specified model of long-run growth in which knowledge is assumed to be an input in production that has increasing marginal productivity. It is …
Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking …
P Romer - Journal of monetary economics, 1993 - Elsevier
A nation that lacks physical objects like factories and roads suffers from an object gap. A nation that lacks the knowledge used to create value in a modern economy suffers from an …
Entrepreneurs are widely recognized for the vital contributions they make to economic growth and general welfare, yet until fairly recently entrepreneurship was not considered …
J Fagerberg - Journal of economic Literature, 1994 - JSTOR
This paper has benefited a lot from the many stimulating comments and suggestions that Moses Abramovitz made as he guided me through the process of drafting and revising it. I …
RM Solow - Journal of economic perspectives, 1994 - aeaweb.org
This essay relates recent developments in growth theory to problems and ideas that first engaged RF Harrod, E. Domar, and their neoclassical successors. The body of 'new growth …
Page 1 The Mystery of Economic Growth ELHANAN HELPMAN Page 2 Page 3 Page 4 AR MORE than an intellectual puzzle for pundits, economists, and policymakers, economic …
LE Jones, R Manuelli - Journal of political Economy, 1990 - journals.uchicago.edu
Our aim in this paper is to exposit a convex model of equilibrium growth. The model has two features that distinguish it from most other work on the subject: first, that the model is convex …
G Glomm, B Ravikumar - Journal of Economic Dynamics and control, 1997 - Elsevier
The purpose of this paper is to review some of the recent developments in endogenous growth models. Specifically, our focus is on the growth effects of productive government …