Several empirical studies suggest that advanced economies experience a growth regime switch from factor accumulation to knowledge accumulation. To investigate the mechanism of such a regime switch, this study develops a concise and flexible dynami...
The Japanese Economic Review 58(4) 504-523 2007年11月 [査読有り]
This study develops a model wherein capital is used in final goods production and research and development (R&D) activities. This arrangement generates changes of the equilibrium capital allocation corresponding to capital endowment, which engende...
This study establishes an R&D-based growth model that includes the functional difference between labor and human capital in the production of goods. In our analysis, human capital is used by the managers in the manufacturing process. Such an alloc...
大学本部