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Dynamics of Competitiveness and Multiplicity of Steady States in the Romer Model with Imitations
https://u-hyogo.repo.nii.ac.jp/records/6314
https://u-hyogo.repo.nii.ac.jp/records/631417559922-fd7a-41b6-979c-ee4f78707bd4
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
No.123 本文MCR32-DP (1) (151.1 kB)
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| Item type | プレプリント / Preprint(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2021-06-08 | |||||
| タイトル | ||||||
| タイトル | Dynamics of Competitiveness and Multiplicity of Steady States in the Romer Model with Imitations | |||||
| タイトル | ||||||
| タイトル | Dynamics of Competitiveness and Multiplicity of Steady States in the Romer Model with Imitations | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Endogenous Growth Model with Imitations | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | IPR | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Competitive Policy | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_1843 | |||||
| 資源タイプ | other | |||||
| 抄録 | ||||||
| 値 | This study investigates the relationship among the dynamics of market competitiveness, dynamics of economic growth, and long-run growth phase using the Romer (1990) model with expiring patents caused by imitation activities. The main results obtained are as follows: Intense intellectual property rights (IPR; with more difficult imitation) cause the economy to ride on a positive economic growth path with research and development (R\&D), and vice versa. In the middle range, the economy might have two steady states: with and without R\&D and multiple steady states. In this case, following initial competitiveness, the economy is determined by the converging steady state. Because the arrival rate of imitation indicates its difficulty and can be interpreted to be partially affected by political factors, such as policy parameters, we confirm that the IPR policy can escape the no-growth trap. However, in the middle area, where multiple steady states occur, not only R\&D efficiency and imitation intensity but also initial competitiveness determine the converging states. | |||||
| 書誌情報 |
en : Discussion Paper 号 123, p. 1-24, 発行日 2021-03 |
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| 出版者 | ||||||
| 値 | Institute for Policy Analysis and Social Innovation,University of Hyogo | |||||
| 書誌レコードID | ||||||
| 値 | AA12111015 | |||||
| 著者版フラグ | ||||||
| 値 | publisher | |||||
