English, Article, Journal or magazine article edition: Human capital, product market power and economic growth Alberto BUCCI

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/58542
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Human capital, product market power and economic growth
Author
  • Alberto BUCCI
Physical Description
  • preprint
Notes
  • We build a generalised growth model of horizontal product innovation with human capital accumulation in which the monopolistic mark-up set in the uncompetitive sector and the degree of returns to specialization are disentangled. We find that product market power has a positive growth effect when durables are employed in the production of the homogeneous consumers good. Thus, in this case the model allows to replicate one of the main results of the neo-Schumpeterian growth theory within a framework where innovation is both horizontal and deterministic and economic growth is driven by private incentives to invest in education. We also find that not only the type of technology employed in the final output production, but also the intensity of the inter-sectoral competition for the same resource (human capital) affect both the steady state level of growth and the relationship between market power and economic development.
  • Human Capital, R&​D, Product Market Power, Endogenous Growth
  • RePEc:mil:wpdepa:2004-21
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment