Institutions, innovations, and Growth

Institutions, innovations, and Growth
The fundamental importance of economic institutions for economic growth through their impact on technological change has been argued, reconfirmed by recent empirical studies, but not examined theoretically. This paper tries to fill that gap. In the model proposed, economic growth is affected by the efficiency and riskiness of research and... READ MORE...

Publication date: March 1999
ISBN 9781451845242
$15.00

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