منابع مشابه
Individualism, innovation, and long-run growth.
Countries having a more individualist culture have enjoyed higher long-run growth than countries with a more collectivist culture. Individualist culture attaches social status rewards to personal achievements and thus, provides not only monetary incentives for innovation but also social status rewards, leading to higher rates of innovation and economic growth.
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متن کاملIncreasing Returns and Long-Run Growth
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 essentially a competitive equilibrium model with endogenous technological change. In contrast to models based on diminishing returns, growth rates can be increasing over time, the effects of small disturbances can be amplified...
متن کاملGrowth and Fertility in the Long Run
This paper develops a theory that accounts for three stylized facts concerning growth and fertility in the long run. First, economies start in a “Malthusian Regime” with stagnant living standards and high fertility. Second, ultimately a “Growth Regime” is reached in which per capita income grows at near-constant rates, and fertility is low. Third, the speed and timing of the fertility decline d...
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This paper integrates imperfect self-control into the standard model of endogenous growth. Individuals are conceptualized as “dual-selves” consisting of a long-run planner and a short-run doer. The long-run self can partly control the short-run self’s strife for immediate gratification. It is shown that the solution is structurally equivalent to the one of the standard endogenous growth model a...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2011
ISSN: 1556-5068
DOI: 10.2139/ssrn.1344066