Endogenous Growth Without Scale Effects

Endogenous Growth Without Scale Effects (1998)

by Paul S. Segerstrom

Citations:

44 - 6 self

Datum	Value	Source
TITLE	Endogenous Growth Without Scale Effects	SVM HeaderParse 0.2
AUTHOR NAME	Paul S. Segerstrom	SVM HeaderParse 0.2
AUTHOR AFFIL	Department of Economics; Michigan State University	SVM HeaderParse 0.2
AUTHOR ADDR	East Lansing, MI 48824	SVM HeaderParse 0.2
ABSTRACT	Abstract: This paper presents a simple R&D-driven endogenous growth model to shed light on some puzzling economic trends. The model can account for why patent statistics have been roughly constant even though R&D employment has risen sharply over the last 30 years. The model also illuminates why steadily increasing R&D effort has not lead to any upward trend in economic growth rates, as is predicted by earlier R&D-driven endogenous growth models with the “scale effect ” property.	SVM HeaderParse 0.2
YEAR	1998	INFERENCE
CITATIONS	19 found	ParsCit 1.0