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Economic growth, the high-tech sector, and the high skilled : Theory and quantitative implications

dc.contributor.authorGil, Pedro Mazeda
dc.contributor.authorAfonso, Oscar
dc.contributor.authorBrito, Paulo
dc.date.accessioned2024-03-14T11:43:27Z
dc.date.available2024-03-14T11:43:27Z
dc.date.issued2019
dc.description.abstractEurope’s “2020 Strategy” has the main goal of stimulating economic growth by increasing the weight of the high-tech sector and the share of high-skilled workers. However, cross-country European data suggests the relationship between economic growth and both the technology structure and the skill structure is statistically insignificant. We investigate an analytical mechanism that connects these facts by extending a directed-technical-change growth model and taking it to the data. Under high relative barriers to entry into the high-tech sector and scale effects we replicate the empirical relationships. We derive quantitative policy implications on the effects of a reduction of barriers to entry.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationGil, Pedro Mazeda, Oscar Afonso and Paulo Brito .(2019). “Economic growth, the high-tech sector, and the high skilled: Theory and quantitative implications”, Structural Change and Economic Dynamics, Volume 51: pp. 89-105. (Search PDF in 2024)pt_PT
dc.identifier.doidoi.org/10.1016/j.strueco.2019.07.003pt_PT
dc.identifier.issn0954-349X
dc.identifier.urihttp://hdl.handle.net/10400.5/30385
dc.language.isoengpt_PT
dc.publisherElsevierpt_PT
dc.subjectGrowthpt_PT
dc.subjectHigh Skilledpt_PT
dc.subjectHigh Techpt_PT
dc.subjectScale Effectspt_PT
dc.subjectDirected Technical Changept_PT
dc.titleEconomic growth, the high-tech sector, and the high skilled : Theory and quantitative implicationspt_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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