Arbeitspapier

Engines of growth: Education and innovation

The paper presents a dynamic general-equilibrium model of education, quality and variety innovation, and scale-invariant growth. We consider endogenous humancapital accumulation in an educational sector and quality and variety innovation in two separate R&D sectors. In the balanced growth equilibrium education and innovation appear as in-line engines of growth and government can accelerate growth by subsidizing education or by enhancing the effectiveness of the educational sector.

Language
Englisch

Bibliographic citation
Series: University of Tübingen Working Papers in Economics and Finance ; No. 40

Classification
Wirtschaft
Subject
education
quality and variety innovation
scale-invariant growth

Event
Geistige Schöpfung
(who)
Stadler, Manfred
Event
Veröffentlichung
(who)
University of Tübingen, Faculty of Economics and Social Sciences
(where)
Tübingen
(when)
2012

Handle
URN
urn:nbn:de:bsz:21-opus-62880
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Stadler, Manfred
  • University of Tübingen, Faculty of Economics and Social Sciences

Time of origin

  • 2012

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