Please use this identifier to cite or link to this item:
https://doi.org/10.1016/j.jmacro.2002.06.001
DC Field | Value | |
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dc.title | Reexamining the interaction between innovation and capital accumulation | |
dc.contributor.author | Zeng, J. | |
dc.date.accessioned | 2011-02-24T06:55:08Z | |
dc.date.available | 2011-02-24T06:55:08Z | |
dc.date.issued | 2003 | |
dc.identifier.citation | Zeng, J. (2003). Reexamining the interaction between innovation and capital accumulation. Journal of Macroeconomics 25 (4) : 541-560. ScholarBank@NUS Repository. https://doi.org/10.1016/j.jmacro.2002.06.001 | |
dc.identifier.issn | 01640704 | |
dc.identifier.uri | http://scholarbank.nus.edu.sg/handle/10635/19975 | |
dc.description.abstract | In endogenous growth models with innovation and capital accumulation Arnold [J. Macroeconomics 20 (1998) 189] and Blackburn et al. [J. Macroeconomics 22 (2000) 81] show that long-run growth of per capita income is independent of innovation activities; it is solely determined by preferences and the human capital accumulation technology. As a result, government policies do not affect long-run growth. This paper develops an endogenous growth model with innovation and (physical and human) capital accumulation to show that long-run growth depends on both innovation and capital accumulation technologies as well as on preferences and that government taxes and subsidies can have effects on the long-run growth rate.©2003 Elsevier Inc. All rights reserved. | |
dc.description.uri | http://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1016/j.jmacro.2002.06.001 | |
dc.source | Scopus | |
dc.subject | Capital accumulation | |
dc.subject | Innovation | |
dc.subject | Long-run growth | |
dc.subject | Policy effects | |
dc.type | Article | |
dc.contributor.department | ECONOMICS | |
dc.description.doi | 10.1016/j.jmacro.2002.06.001 | |
dc.description.sourcetitle | Journal of Macroeconomics | |
dc.description.volume | 25 | |
dc.description.issue | 4 | |
dc.description.page | 541-560 | |
dc.identifier.isiut | 000186637500007 | |
Appears in Collections: | Staff Publications |
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