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University of Tübingen Working Papers in Economics and Finance >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/59596
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| Title: | | Engines of growth: Education and innovation  |
| Authors: | | Stadler, Manfred |
| Issue Date: | | 2012 |
| Series/Report no.: | | University of Tübingen Working Papers in Economics and Finance 40 |
| Abstract: | | The paper presents a dynamic general-equilibrium model of education, quality and variety innovation, and scale-invariant growth. We consider endogenous humancapital accumulation in an educational sector and quality and variety innovation in two separate R&D sectors. In the balanced growth equilibrium education and innovation appear as in-line engines of growth and government can accelerate growth by subsidizing education or by enhancing the effectiveness of the educational sector. |
| Subjects: | | education quality and variety innovation scale-invariant growth |
| JEL: | | O2 O3 |
| Persistent Identifier of the first edition: | | urn:nbn:de:bsz:21-opus-62880 |
| Document Type: | | Working Paper |
| Appears in Collections: | | University of Tübingen Working Papers in Economics and Finance
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