Optimal growth policy: The role of skill heterogeneity

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 119
Issue: 2
Pages: 162-164

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

A simple semi-endogenous growth model is employed to show that optimal subsidization of both R&D and capital costs is independent of the distribution of R&D skills in the workforce. This holds despite the empirically supported fact that a higher R&D subsidy rate raises wages of R&D workers.

Technical Details

RePEc Handle
repec:eee:ecolet:v:119:y:2013:i:2:p:162-164
Journal Field
General
Author Count
2
Added to Database
2026-01-25