Effects of subsidies on growth and welfare in a quality-ladder model with elastic labor
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More about this item
Keywords
Economic Growth; R&D; Quality Ladder; Subsidies;JEL classification:
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2019-11-11 (Dynamic General Equilibrium)
- NEP-GRO-2019-11-11 (Economic Growth)
- NEP-MAC-2019-11-11 (Macroeconomics)
- NEP-TID-2019-11-11 (Technology & Industrial Dynamics)
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