Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/59596 
Year of Publication: 
2012
Series/Report no.: 
University of Tübingen Working Papers in Economics and Finance No. 40
Publisher: 
University of Tübingen, Faculty of Economics and Social Sciences, Tübingen
Abstract: 
The paper presents a dynamic general-equilibrium model of education, quality and variety innovation, and scale-invariant growth. We consider endogenous humancapital accumulation in an educational sector and quality and variety innovation in two separate R&D sectors. In the balanced growth equilibrium education and innovation appear as in-line engines of growth and government can accelerate growth by subsidizing education or by enhancing the effectiveness of the educational sector.
Subjects: 
education
quality and variety innovation
scale-invariant growth
JEL: 
O2
O3
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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