Structural change, sectoral specialisation and growth rate differences in an evolutionary growth model with demand shocks

2015 ◽  
Vol 16 (1) ◽  
pp. 217 ◽  
Author(s):  
André Lorentz
2006 ◽  
Vol 28 (3) ◽  
pp. 293-306 ◽  
Author(s):  
Xinshen Diao ◽  
Jørn Rattsø ◽  
Hildegunn E. Stokke

2006 ◽  
Vol 45 (4II) ◽  
pp. 797-817
Author(s):  
Toseef Azid ◽  
Naeem Khaliq ◽  
Muhammad Jamil

Development of overall economy of any country largely depends upon the characteristics of different prominent sectors such as agriculture, industry, services, etc. Sharp structural change in prominent sectors are experienced by the Pakistan’s economy during the last four decades, in which industrial and service sector have exhibited an extra ordinary rate of growth, while the agricultural sector did not shown that rate of growth which was experienced during the time of green revolution. Due to these structural changes in the prominent sectors volatility of growth rate has been experienced by the economy. To the extent that most of the recent volatility in growth rate of GDP can be attributed to the increasing share of the some volatility of the some prominent sectors, the analysis of their volatility can be useful in providing some enlightenment on the factors behind this phenomenon and its implications for the formulation of the policy in the future.


2013 ◽  
Vol 18 (1) ◽  
pp. 1-22 ◽  
Author(s):  
Jinli Zeng ◽  
Jie Zhang ◽  
Michael Ka-Yiu Fung

This paper considers the effects of patent length and price regulation in an R&D growth model with variety expansion. Innovation requires lower bounds on patent length and price. Increasing patent duration promotes growth; increasing the cap on the price of patented products promotes growth below the monopoly-pricing level. Each policy instrument can raise welfare unless excessively used, and their welfare ranking depends on parameterizations. It is desirable, on welfare grounds, to limit patent protection along both dimensions, namely by limiting patent length and capping the price of patented products. Such limits raise welfare despite reducing the growth rate.


Author(s):  
Carl F. Lorenzo

This paper studies the morphology and evolutionary growth of the Nautilus pompilius based on the fractional R1-trigonometry. Morphological models based on the fractional trigonometry are shown to be superior to those of the commonly assumed logarithmic spiral. The R1-trigonometric functions further infer fractional differential equations which, based on power law parametric functions, are used to develop a fractional growth equation modeling evolution from conception to maturity.


Author(s):  
Raj Pathania ◽  
Robert G. Carter

An intergranular stress corrosion cracking (IGSCC) growth model for unirradiated nickel-base alloys (Alloys 82, 182 and 600) in boiling water reactor (BWR) environments has been developed by EPRI. This model has been used for assessment of the crack growth rates in BWR nickel base austenitic alloys with particular application to the BWR shroud support structure materials and welds, including attachments to the reactor pressure vessel fabricated from these alloys. However, the crack growth model can be used for other components with like materials in BWR environments provided that specific parameters such as stresses and stress intensity factor (KI) distributions are determined. The methodology involves development of crack growth disposition curves that can account for the variability of important IGSCC parameters to provide a conservative, yet realistic assessment of crack growth rate in BWR environments. An extensive nickel base alloy crack growth rate database was developed from data generated through the peer review process and includes both experimental data points and in-plant crack arrest verification system data. Most of the data in the database have reasonable definition of environmental conditions and other important crack growth parameters thus permitting a more realistic generic crack growth model to be developed. Although most of the data is for Alloy 182, it bounds the crack growth rate of Alloy 82 and Alloy 600. The database was used to derive crack growth disposition curves under normal water chemistry (NWC) and hydrogen water chemistry (HWC) conditions. The disposition curves have two stress intensity regimes; one for KI < 25 ksi√in where the crack growth is KI-dependent and one for KI > 25 ksi√in where the crack growth is KI-independent. The crack growth disposition curves were used together with a crack growth estimation methodology to determine the crack propagation of the BWR shroud support structure welds which are fabricated from Alloy 82/182. The steps involved in the development of the methodology include determination of residual stresses and operating stresses, development of stress intensity factor (KI) solutions for crack propagation in the through-thickness direction and estimation of crack growth rates. This methodology was applied specifically for crack growth in the through-thickness direction. Application of this crack growth model to BWR shroud support structure welds H8 and H9 indicates that there is an adequate time period between inspections before initial cracks of ≤10% through-wall thickness reaches the allowable flaw sizes, particularly for HWC conditions.


2019 ◽  
pp. 1-20
Author(s):  
Anton Bondarev

This paper develops an endogenous growth model with doubly differentiated R&D being the growth engine. The model incorporates dynamic structural change and heterogeneous knowledge spillovers. As a result, decentralized economy may exhibit non-monotonic growth paths and declining R&D productivity. Conditions on the knowledge spillover operator granting the existence of balanced growth for first-best and market economies are obtained. Different regulation tools helpful in achieving the sustainable path and their limits are studied.


2019 ◽  
Vol 26 (7) ◽  
pp. 1175-1196
Author(s):  
Yoshihiro Hamaguchi

Using an R&D-based growth model with endogenous location choices and movement of tourists, we investigate the effect that a grandfathered emission permit and an airfare including alien tax have on international tourism. We find that improved environmental quality, achieved by the restricted allocation of grandfathered permits, leads to tourism-led growth. That is, both the number of tourists and the tourism growth rate increase. By contrast, we find that worsened environmental quality, caused by generous allocation of grandfathered permits and reduced airfares including alien tax, leads to the creation of pollution havens because the policy prompts polluting firms to relocate to the area with the respective regulations. Our findings imply sustainable tourism can be achieved when the respective environmental and tourism policies are implemented.


2018 ◽  
Vol 38 (1) ◽  
pp. 48-69
Author(s):  
BERNARDO MATTOS SANTANA ◽  
JOSÉ LUIS OREIRO

ABSTRACT The objective of the present article is to develop a Kaldorian Growth model that (i) had a balance of payments constraint, in order to eliminate the inconsistency of balance of payments growth models; and (ii) defines a precise mechanism by which the level of real exchange rate can affect long-term growth. An important innovation introduced in the model is the idea that Kaldor-Verdoorn coefficient - that measures the sensibility of growth rate of labor productivity to output growth - depends on the share of manufacturing output on GDP. This hypothesis allowed us to introduce the possibility of structural change, defined as a dynamic process by which the share of manufacturing industry on real output could change over time. In this case, it will be possible to analyze the dynamic properties of the model either in the case where productive structure is kept constant (case with no structural change), as in the case where it evolves over time as a result of some economic process (case with structural change).


Nanoscale ◽  
2015 ◽  
Vol 7 (39) ◽  
pp. 16266-16272 ◽  
Author(s):  
A. S. Ameruddin ◽  
P. Caroff ◽  
H. H. Tan ◽  
C. Jagadish ◽  
V. G. Dubrovskii

A simple nanowire growth model is established to explain the observed growth trend of ternary InGaAs nanowires, in particular, their growth rate and composition.


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