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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
A Politico-Economic Model of Aging, Technology Adoption and Growth | |
Giovanni Prarolo; Francesco Lancia | |
发表日期 | 2007 |
出处 | Economy and Society |
出版年 | 2007 |
语种 | 英语 |
摘要 | Over the past century, all OECD countries have been characterized by a dramatic increase in economic conditions, life expectancy and educational attainment. This paper provides a positive theory that explains how an economy might evolve when the longevity of its citizens both influences and is influenced by the process of economic development. We propose a three periods OLG model where agents, during their lifetime, cover different economic roles characterized by different incentive schemes and time horizon. Agents’ decisions embrace two dimensions: the private choice about education and the public one upon innovation policy. The theory focuses on the crucial role played by heterogeneous interests in determining innovation policies, which are one of the keys to the growth process: the economy can be discontinuously innovation-oriented due to the different incentives of individuals and different schemes of political aggregation of preferences. The model produces multiple development regimes associated with different predictions about life expectancy evolution, educational investment dynamics, and technology adoption policies. Transitions between these regimes depend on initial conditions and parameter values. |
特色分类 | D70,J10,O14,O31,O43 |
关键词 | Growth,Life Expectancy,Human Capital,Systemic Innovation,Majority Voting |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/a-politico-economic-model-of-aging-technology-adoption-and-growth/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117466 |
推荐引用方式 GB/T 7714 | Giovanni Prarolo,Francesco Lancia. A Politico-Economic Model of Aging, Technology Adoption and Growth. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2007-048.pdf(320KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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