Macro Innovation Dynamics and the Golden Age: New Insights into Schumpeterian Dynamics, Inequality and Economic Growth
Preface -- Reference -- About the Book -- Contents -- List of Figures -- List of Tables -- 1: Green Innovations and CO2 in a Growth Perspective: A Neoclassical Model -- 1.1 A Rational Approach to Promotion of Green Innovation -- 1.1.1 Taxation and Subsidies as a Means to Internalize External Effects -- 1.1.2 Economic Growth -- 1.1.3 Traditional Neoclassical Growth Modeling -- 1.2 Technological Progress and RandD -- 1.2.1 Golden Rule Aspects in an Economy with Technological Progress -- 1.2.2 Extensions of the Neoclassical Growth Model -- 1.2.3 Growth Model with RandD and Emissions -- 1.2.4 Growth in a World with Negative External Effects: CO2 Emissions and Hybrid Welfare -- 1.3 Policy Perspectives -- 1.3.1 Taxation, Risk, and Innovation -- 1.3.2 Liability Rules and Insurance Costs -- 1.3.3 Green Rating and Capital Markets -- 1.3.4 Double Sustainability -- Appendix -- A.1 The Genuine Savings Rate -- A.2 ICT and Dematerialization -- A.3 Selected Statistics on Renewable Energy Related Patents -- A.4 Human Capital and Growth -- A.5 The Green Variant of the QUEST Model -- A.6 CO2 Emissions by Sector in Selected Countries (Figures and Key Points Are Quotes from International Energy Agency) -- A.7 CO2 Intensity in Selected Countries -- A.8 Total Gross Domestic Product (TGDP) -- References -- 2: Innovation, Inequality, and a Golden Rule for Growth in an Economy with RandD -- 2.1 New Quasi-endogenous Growth Model with Biased Technological Progress -- 2.2 Policy Conclusions -- Appendix -- A.1 Perspectives on Meeting the Golden Rule in Selected Countries (Difference Refers to Real GDP Growth Minus Real Interest Ra... -- A.2 Genuine and Adjusted Gross Savings (beta=33.33%) -- A.3 Info on Tax Revenue, Total Tax Revenue as % of GDP -- A.4 The Link Between TFP Growth and the RandD-GDP Ratio, Regression Results -- References