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dc.contributor.authorStadler, Manfreden_US
dc.date.accessioned2008-02-21en_US
dc.date.accessioned2010-09-24T14:42:28Z-
dc.date.available2010-09-24T14:42:28Z-
dc.date.issued2006en_US
dc.identifier.piurn:nbn:de:bsz:21-opus-24361en_US
dc.identifier.urihttp://hdl.handle.net/10419/40323-
dc.description.abstractWe 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 e?ect predicting that larger economies are characterized by higher per capita growth rates. Recent models of semi-endogenous growth remove this scale e?ect 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. - education ; quality and variety innovation ; scale-invariant growthen_US
dc.language.isoengen_US
dc.publisherUniv., Wirtschaftswiss. Fak. Tübingenen_US
dc.relation.ispartofseriesTübinger Diskussionsbeitrag 302en_US
dc.subject.jelO2en_US
dc.subject.jelO3en_US
dc.subject.ddc330en_US
dc.subject.stwNeue Wachstumstheorieen_US
dc.subject.stwProduktqualitäten_US
dc.subject.stwBildungsinvestitionen_US
dc.subject.stwDynamisches Gleichgewichten_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwTheorieen_US
dc.titleEducation and innovation as twin-engines of growthen_US
dc.typeWorking Paperen_US
dc.identifier.ppn558781209en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:tuedps:302-
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