On the welfare properties of the Lucas and Romer endogenous growth models

Detalhes bibliográficos
Autor(a) principal: Sequeira, Tiago
Data de Publicação: 2010
Outros Autores: Ferreira-Lopes, Alexandra
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://www.scopus.com/record/display.uri?eid=2-s2.0-77956277352&origin=resultslist&sort=plf-f&src
Resumo: Funding: financial support from the Portuguese Ministry of Science, Technology and Higher Education through FCT project PTDC/EGE-ECO/102238/2008
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spelling On the welfare properties of the Lucas and Romer endogenous growth modelsWelfareHuman CapitalEndogenous GrowthR&DFunding: financial support from the Portuguese Ministry of Science, Technology and Higher Education through FCT project PTDC/EGE-ECO/102238/2008We present results from quantitative exercises using the Lucas and Romer endogenous growth models, from which we calculate welfare losses from the distortions presented in the Romer model. Moreover, comparing the models to data, we show that an economy governed by the Romer model would attain a higher welfare than one governed by the Lucas model, contrary to what can be interpreted from some previous theoretical contributions.NOVA School of Business and Economics (NOVA SBE)RUNSequeira, TiagoFerreira-Lopes, Alexandra2019-05-15T22:09:45Z2010-01-012010-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://www.scopus.com/record/display.uri?eid=2-s2.0-77956277352&origin=resultslist&sort=plf-f&srceng1545-2921PURE: 430076https://www.scopus.com/record/display.uri?eid=2-s2.0-77956277352&origin=resultslist&sort=plf-f&srcinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:33:05Zoai:run.unl.pt:10362/69753Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:35:01.121946Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv On the welfare properties of the Lucas and Romer endogenous growth models
title On the welfare properties of the Lucas and Romer endogenous growth models
spellingShingle On the welfare properties of the Lucas and Romer endogenous growth models
Sequeira, Tiago
Welfare
Human Capital
Endogenous Growth
R&D
title_short On the welfare properties of the Lucas and Romer endogenous growth models
title_full On the welfare properties of the Lucas and Romer endogenous growth models
title_fullStr On the welfare properties of the Lucas and Romer endogenous growth models
title_full_unstemmed On the welfare properties of the Lucas and Romer endogenous growth models
title_sort On the welfare properties of the Lucas and Romer endogenous growth models
author Sequeira, Tiago
author_facet Sequeira, Tiago
Ferreira-Lopes, Alexandra
author_role author
author2 Ferreira-Lopes, Alexandra
author2_role author
dc.contributor.none.fl_str_mv NOVA School of Business and Economics (NOVA SBE)
RUN
dc.contributor.author.fl_str_mv Sequeira, Tiago
Ferreira-Lopes, Alexandra
dc.subject.por.fl_str_mv Welfare
Human Capital
Endogenous Growth
R&D
topic Welfare
Human Capital
Endogenous Growth
R&D
description Funding: financial support from the Portuguese Ministry of Science, Technology and Higher Education through FCT project PTDC/EGE-ECO/102238/2008
publishDate 2010
dc.date.none.fl_str_mv 2010-01-01
2010-01-01T00:00:00Z
2019-05-15T22:09:45Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
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dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 1545-2921
PURE: 430076
https://www.scopus.com/record/display.uri?eid=2-s2.0-77956277352&origin=resultslist&sort=plf-f&src
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