Journal article

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Optimal growth policy: The role of skill heterogeneity

BP2-STS

  • 2013
Published in:
  • Economics Letters. - Elsevier BV. - 2013, vol. 119, no. 2, p. 162-164
English 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.
Faculty
Faculté des sciences économiques et sociales et du management
Department
Département d'économie politique
Language
  • English
Classification
Economics
License
Rights reserved
Open access status
green
Identifiers
Persistent URL
https://folia.unifr.ch/unifr/documents/322918
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