Inflation and health in a Schumpeterian growth model: Theory and evidence

Economic Modelling - Tập 75 - Trang 159-168 - 2018
Qichun He1
1China Economics and Management Academy, Central University of Finance and Economics, No. 39 South College Road, Haidian District, Beijing, 100081, China

Tài liệu tham khảo

Aghion, 1998 Arawatari, 2018, On the nonlinear relationship between inflation and growth: a theoretical exposition, J. Monetary Econ., 94, 79, 10.1016/j.jmoneco.2017.12.001 Batabyal, 2016, The effects of probabilistic innovations on Schumpeterian economic growth in a creative region, Econ. Modell., 53, 224, 10.1016/j.econmod.2015.11.026 Castellacci, 2018, Co-evolutionary growth: a system dynamics model, Econ. Modell., 70, 272, 10.1016/j.econmod.2017.11.010 Chu, 2014, R&D and economic growth in a cash-in-advance economy, Int. Econ. Rev., 55, 507, 10.1111/iere.12059 Chu, 2018 Chu, 2017, Inflation and economic growth in a Schumpeterian model with endogenous entry of heterogeneous firms, Eur. Econ. Rev., 98, 392, 10.1016/j.euroecorev.2017.07.006 Chu, 2012, Does intellectual monopoly stimulate or stifle innovation?, Eur. Econ. Rev., 56, 727, 10.1016/j.euroecorev.2012.01.007 Chu, 2015, Inflation, R&D and growth in an open economy, J. Int. Econ., 96, 360, 10.1016/j.jinteco.2015.03.007 Chu, 2014, Money, random matching and endogenous growth: a quantitative analysis, J. Econ. Dynam. Contr., 41, 173, 10.1016/j.jedc.2014.02.003 Chu, 2013, Money and the welfare cost of inflation in an R&D growth model, J. Money Credit Bank., 45, 233, 10.1111/j.1538-4616.2012.00568.x Chu, 2017, Human capital and innovation in a monetary Schumpeterian growth model, Macroecon. Dyn. Ehrlich, 1990, A model of the demand for longevity and the value of life extension, J. Polit. Econ., XCVIII, 761, 10.1086/261705 Gimenez-Nadal, 2015, Health status and the allocation of time: cross-country evidence from Europe, Econ. Modell., 46, 188, 10.1016/j.econmod.2014.12.034 Grossman, 1972, On the concept of health capital and the demand for health, J. Polit. Econ., 80, 223, 10.1086/259880 Hall, 2007, The value of life and the rise in health spending, Q. J. Econ., 112, 39, 10.1162/qjec.122.1.39 Halliday, 2017, Health investment over the life-cycle, Macroecon. Dyn. He, 2015, A monetary variety-expanding growth model with a cash-in-advance constraint on manufacturing, Econ. Bull., 35, 571 He, 2018, Inflation and fertility in a Schumpeterian growth model: theory and evidence, Int. Rev. Econ. Finance, 10.1016/j.iref.2018.03.003 He, 2016, Does inflation cause growth in the reform-era China? Theory and evidence, Int. Rev. Econ. Finance, 45, 470, 10.1016/j.iref.2016.07.012 Huang, 2015 Huang, 2017, The growth and welfare analysis of patent and monetary policies in a Schumpeterian economy, Int. Rev. Econ. Finance, 52, 409, 10.1016/j.iref.2017.03.010 Huang, 2015 Huang, 2013 Hur, 2014, Fiscal policy and crowding out in developing Asia, Environ. Plann. C Govern. Pol., 32, 1117, 10.1068/c12185r Jones, 1999, Growth: with or without scale effects, Am. Econ. Rev., 89, 139, 10.1257/aer.89.2.139 Lahiri, 2018, Technology adoption, adaptation and growth, Econ. Modell., 70, 469, 10.1016/j.econmod.2017.08.026 Laincz, 2006, Scale effects in endogenous growth theory: an error of aggregation not specification, J. Econ. Growth, 11, 263, 10.1007/s10887-006-9004-9 Linden, 2017, Aggregation bias-correcting approach to the health–income relationship: life expectancy and GDP per capita in 148 countries, 1970–2010, Econ. Modell., 61, 126, 10.1016/j.econmod.2016.12.001 Mallick, 2008, Foreign capital in a growth model, Rev. Dev. Econ., 12, 143, 10.1111/j.1467-9361.2008.00437.x Niwa, 2016, Patent claims and economic growth, Econ. Modell., 54, 377, 10.1016/j.econmod.2016.01.001 Saito, 2017, Effects of patent protection on economic growth and welfare in a two-R&D-sector economy, Econ. Modell., 62, 124, 10.1016/j.econmod.2017.01.015 Segerstrom, 1998, Endogenous growth without scale effects, Am. Econ. Rev., 5, 1290 van Zon, 2001, Health and endogenous growth, J. Health Econ., 20, 169, 10.1016/S0167-6296(00)00072-2 Venturini, 2012, Looking into the black box of Schumpeterian growth theories: an empirical assessment of R&D races, Eur. Econ. Rev., 56, 1530, 10.1016/j.euroecorev.2012.08.005 Verikios, 2015, Improving health in an advanced economy: an economywide analysis for Australia, Econ. Modell., 46, 250, 10.1016/j.econmod.2014.12.032 Zheng, 2018