We develop a model in which technical progress, human capital and population interact endogenously to examine the impact of population growth on economic development. We find that population growth can be positively or negatively correlated with the growth rate of income per-capita. The outcome...

We develop a model in which technical progress, human capital and population interact endogenously to examine the impact of population growth on economic development. We find that population growth can be positively or negatively correlated with the growth rate of income per-capita. The outcome...

The paper contributes to the literature on gender-based disparity in human capital by extending existing results on educational attainment to the number of years of experience that female vs. male managers have among informal or unregistered firms. Using the case of Rwanda, results show that the...

This empirical note complements the qualitative and theoretical research on positive household stigma towards child labor. We use data from Guatemala and two instruments for measuring stigma: a child's indigenous background and household head's childhood work experience. We then adopt binomial...

We show a new way through which patent protection affects innovation. We show that patent protection may reduce the final goods producers' incentives for innovation in industries with imperfectly competitive input markets. The input market structure may play an important role in this respect.

The paper analyzes the profitability of R&D cooperation under asymmetric spillovers. It is shown that a firm prefers R&D competition to RJV cartelization when its own spillover rate is low and the spillover rate of its competitor is high. While it prefers R&D cartelization to RJV cartelization...

I investigate R&D efforts for process innovation in a monopoly with uncertain demand. Two different models are proposed, where either (i) the reservation price is affected by an additive shock and the marginal production cost is increasing, or (ii) a multiplicative shock on the slope of demand...