Combining semi-endogenous and fully endogenous growth: A generalization

Endogenous growth promotors and inhibitors in tahiti lime

Endogenous Growth and Endogenous Business Cycles

This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cycles that can account for two key features of the aggregate data: balanced growth in the long run and business cycles in the short run. The model is built on Schumpeter’s idea that economic development is the consequence of the periodic arrival of innovations. There is growth because each subseque...

Public education and economic prosperity: semi-endogenous growth revisited

We introduce publicly funded education into R&D-based economic growth theory. Our framework allows us to i) explicitly describe a realistic process of human capital accumulation within these types of growth models, ii) reconcile semi-endogenous growth theory with the empirical evidence on the relationship between economic development and population growth, and iii) revise the policy invariance ...

H2S: an Endogenous Gas

Gases such as NO and CO play important roles both in normal physiology and in disease. In recent years, interest has been directed towards other naturally occurring gases, notably H 2 S, which is produced in body by three enzymes namely CBS (cystathionine beta synthase), CSE (cystathionine gamma lyase) and MST (3-Mercaptopyruvate sulfurtransferase), present in mitochondria and/or cytosols where...

Health and endogenous growth.

The focus of endogenous growth theory on human capital formation and the physical embodiment of knowledge in people, suggests the integration of the growth supporting character of health production and the growth generating services of human capital accumulation in an endogenous growth framework. We show that a slow down in growth may be explained by a preference for health that is positively i...