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How much does innovation matter for economic growth?

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How much does innovation matter for economic growth?

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Nombre: Alberto;Diana;Rueda ...
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dc.contributor.author Colino, Alberto es_ES
dc.contributor.author Benito-Osorio, Diana es_ES
dc.contributor.author Rueda Armengot, Carlos es_ES
dc.date.accessioned 2016-10-07T12:12:47Z
dc.date.available 2016-10-07T12:12:47Z
dc.date.issued 2014
dc.identifier.issn 0025-1747
dc.identifier.uri http://hdl.handle.net/10251/71395
dc.description.abstract Purpose - The aim of this paper is to gain new insight on the determinants of economic growth. More precisely, it disentangles the contribution of an increase in the stock of ideas that exceeds the rate of growth in the steady state and the growth inherent to the steady state. Design/methodology/approach - Following Romer (1990) and Jones (2000, 2002) this paper uses an aggregate production function. The paper also models the evolution of the stock of ideas following the generalisation of Jones (1995). The analysis decomposes growth utilising the estimated parameters inherent to the ideas function. Findings - This article presents a growth accounting exercise that estimates total factor productivity for three Southern European economies. Systematic comparison of the countries illustrates the importance of innovation for economic growth. This exercise shows the main growth patterns over the last 50 years, and highlights the principal determinants by specifying an ideas function. Originality/value - This study yields recent timeframe for explaining per capita income variations within economies and observed differences across economies. es_ES
dc.language Inglés es_ES
dc.publisher Emerald es_ES
dc.relation.ispartof Management Decision es_ES
dc.rights Reserva de todos los derechos es_ES
dc.subject Innovation es_ES
dc.subject Economic growth es_ES
dc.subject Total factor productivity es_ES
dc.subject Southern Europe es_ES
dc.subject.classification ORGANIZACION DE EMPRESAS es_ES
dc.title How much does innovation matter for economic growth? es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.1108/MD-08-2012-0586
dc.rights.accessRights Cerrado es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Organización de Empresas - Departament d'Organització d'Empreses es_ES
dc.description.bibliographicCitation Colino, A.; Benito-Osorio, D.; Rueda Armengot, C. (2014). How much does innovation matter for economic growth?. Management Decision. 52(2):313-325. doi:10.1108/MD-08-2012-0586 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion http://dx.doi.org/10.1108/MD-08-2012-0586 es_ES
dc.description.upvformatpinicio 313 es_ES
dc.description.upvformatpfin 325 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 52 es_ES
dc.description.issue 2 es_ES
dc.relation.senia 275950 es_ES
dc.identifier.eissn 1758-6070
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