Matches in SemOpenAlex for { <https://semopenalex.org/work/W1737038657> ?p ?o ?g. }
Showing items 1 to 83 of
83
with 100 items per page.
- W1737038657 abstract "In Chapter 1 I modify a standard quality ladder model by assuming that R&D is driven by outsider firms and the winners of the race sell licenses over their patents to the intermediate firms. These ones compete a la Cournot and strategic complementarities on costs are assumed. I prove that there exists an interval of values of the spillover parameter such that the relationship between competition and growth is an inverted-U-shape. I finally run a calibration of the model for the UK economy and find that the calibrated value of the spillover parameter lies in the region where the the relationship between competition and growth is non-monotonic. In Chapter 2 I consider a model of horizontal differentiation with a general production function where the parameter of competition is disentangled from that representing the degree of specialization and I study aggregate welfare as a function of the degree of competition by solving in closed form a model of horizontal differentiation. I find that welfare is a bell-shaped function of competition thanks to the interaction of a positive short run effect on current consumption and a negative long run effect on growth. In the last chapter I develop a small open economy model of endogenous growth in which government can finance productive public expenditures by levying income tax and by borrowing on imperfect international finacial markets where foreign debt is constrained by fiscal revenue and international lenders can just seize a fraction of collaterals in case of debt repudiation. In order to switch to the binding regime, where a BGP exists, I show that, consistently with the empirical literature, the economy can fully enjoy the advantages of financial openess only if it has attaind a certain treshold of institutional and financial development and economic features. I run numerical simulations in order to find the endogenous switching date. Finally, the optimal public spending-GDP ratio is greater than that of literature and if financial markets imperfections are not too weak, countries with a high TFP experience higher growth rates under the flow-based collateral assumption than under stock-based collaterals. Otherwise the international interest rate must be sufficiently high." @default.
- W1737038657 created "2016-06-24" @default.
- W1737038657 creator A5025097723 @default.
- W1737038657 date "2013-01-01" @default.
- W1737038657 modified "2023-09-24" @default.
- W1737038657 title "Essays on endogenous growth : technology and financial markets" @default.
- W1737038657 hasPublicationYear "2013" @default.
- W1737038657 type Work @default.
- W1737038657 sameAs 1737038657 @default.
- W1737038657 citedByCount "0" @default.
- W1737038657 crossrefType "journal-article" @default.
- W1737038657 hasAuthorship W1737038657A5025097723 @default.
- W1737038657 hasConcept C120527767 @default.
- W1737038657 hasConcept C126285488 @default.
- W1737038657 hasConcept C139719470 @default.
- W1737038657 hasConcept C144024400 @default.
- W1737038657 hasConcept C162324750 @default.
- W1737038657 hasConcept C16520705 @default.
- W1737038657 hasConcept C175444787 @default.
- W1737038657 hasConcept C178283979 @default.
- W1737038657 hasConcept C18903297 @default.
- W1737038657 hasConcept C190430219 @default.
- W1737038657 hasConcept C2776943663 @default.
- W1737038657 hasConcept C2777098679 @default.
- W1737038657 hasConcept C2777883944 @default.
- W1737038657 hasConcept C2778348673 @default.
- W1737038657 hasConcept C2781090088 @default.
- W1737038657 hasConcept C30772137 @default.
- W1737038657 hasConcept C34447519 @default.
- W1737038657 hasConcept C36289849 @default.
- W1737038657 hasConcept C55527203 @default.
- W1737038657 hasConcept C556758197 @default.
- W1737038657 hasConcept C86803240 @default.
- W1737038657 hasConcept C91306197 @default.
- W1737038657 hasConceptScore W1737038657C120527767 @default.
- W1737038657 hasConceptScore W1737038657C126285488 @default.
- W1737038657 hasConceptScore W1737038657C139719470 @default.
- W1737038657 hasConceptScore W1737038657C144024400 @default.
- W1737038657 hasConceptScore W1737038657C162324750 @default.
- W1737038657 hasConceptScore W1737038657C16520705 @default.
- W1737038657 hasConceptScore W1737038657C175444787 @default.
- W1737038657 hasConceptScore W1737038657C178283979 @default.
- W1737038657 hasConceptScore W1737038657C18903297 @default.
- W1737038657 hasConceptScore W1737038657C190430219 @default.
- W1737038657 hasConceptScore W1737038657C2776943663 @default.
- W1737038657 hasConceptScore W1737038657C2777098679 @default.
- W1737038657 hasConceptScore W1737038657C2777883944 @default.
- W1737038657 hasConceptScore W1737038657C2778348673 @default.
- W1737038657 hasConceptScore W1737038657C2781090088 @default.
- W1737038657 hasConceptScore W1737038657C30772137 @default.
- W1737038657 hasConceptScore W1737038657C34447519 @default.
- W1737038657 hasConceptScore W1737038657C36289849 @default.
- W1737038657 hasConceptScore W1737038657C55527203 @default.
- W1737038657 hasConceptScore W1737038657C556758197 @default.
- W1737038657 hasConceptScore W1737038657C86803240 @default.
- W1737038657 hasConceptScore W1737038657C91306197 @default.
- W1737038657 hasLocation W17370386571 @default.
- W1737038657 hasOpenAccess W1737038657 @default.
- W1737038657 hasPrimaryLocation W17370386571 @default.
- W1737038657 hasRelatedWork W1575344967 @default.
- W1737038657 hasRelatedWork W1605205275 @default.
- W1737038657 hasRelatedWork W1922032486 @default.
- W1737038657 hasRelatedWork W2313258782 @default.
- W1737038657 hasRelatedWork W232318264 @default.
- W1737038657 hasRelatedWork W2330198267 @default.
- W1737038657 hasRelatedWork W2626882488 @default.
- W1737038657 hasRelatedWork W2732338289 @default.
- W1737038657 hasRelatedWork W2736653657 @default.
- W1737038657 hasRelatedWork W2767052676 @default.
- W1737038657 hasRelatedWork W2950838971 @default.
- W1737038657 hasRelatedWork W3022099222 @default.
- W1737038657 hasRelatedWork W3023067467 @default.
- W1737038657 hasRelatedWork W3121971304 @default.
- W1737038657 hasRelatedWork W3122003841 @default.
- W1737038657 hasRelatedWork W3125640841 @default.
- W1737038657 hasRelatedWork W3143315616 @default.
- W1737038657 hasRelatedWork W3144164409 @default.
- W1737038657 hasRelatedWork W3149368243 @default.
- W1737038657 hasRelatedWork W2896197908 @default.
- W1737038657 isParatext "false" @default.
- W1737038657 isRetracted "false" @default.
- W1737038657 magId "1737038657" @default.
- W1737038657 workType "article" @default.