Optimal growth policy: the role of skill heterogeneity

DOI10.1016/J.ECONLET.2013.01.032MaRDI QIDQ2437194zbMATH OpenOpenAlexFDO

Authors Volker Grossmann, Thomas Steger

Publication date 3 March 2014

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/10419/70918

zbMATH Keywords

heterogeneityoptimal growth policyR\&D skillsR\&D subsidysemi-endogenous growth

Mathematics Subject Classification ID

Economic growth models (91B62)

Recommendations

• R\&D policies, endogenous growth and scale effects
• Subsidies in an R\&D growth model with elastic labor
• The effects of consumption externalities in an R\&D-based growth model with endogenous skilled and unskilled labor supply
• Dynamically optimal R\&D subsidization
• Occupational choice and entrepreneurship: effects of R\&D subsidies on economic growth

Cites work

• Dynamically optimal R\&D subsidization
• Growth and Unemployment
• Microeconomic theory
• Too much of a good thing? The economics of investment in R\&D

Cited in

(4)

• Subsidies in an R\&D growth model with elastic labor
• Effects of R\&D policy on income inequality in a growth model with heterogeneous assets and skills
• Optimal mix of R\&D subsidy and patent protection in a heterogeneous-industry R\&D-based growth model
• The effects of consumption externalities in an R\&D-based growth model with endogenous skilled and unskilled labor supply

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