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Title:Engines of growth: Education and innovation PDF Logo
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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