R&D, Learning, and Phases of Economic Growth.

A-Tier
Journal: Journal of Economic Growth
Year: 1999
Volume: 4
Issue: 4
Pages: 429-45

Authors (1)

Sorensen, Anders (not in RePEc)

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The role of learning and R&D in economic development is addressed in an endogenous growth model. When human capital is below a threshold level, the model predicts that skills are accumulated as the only growth-generating activity, whereas both innovation activities and learning drive growth above this level. Hence, an endogenous regime shift is triggered when the level of human capital reaches the threshold level because it becomes profitable to innovate. Copyright 1999 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:jecgro:v:4:y:1999:i:4:p:429-45
Journal Field
Growth
Author Count
1
Added to Database
2026-01-29