CAREER: R&D-Based Models of Semi-Endogenous Growth

小行星9510916 基于研发的内生增长文献的出现导致了宏观增长文献和研究与开发经济学的微观文献之间的重叠。 这些文献中的每一份文件都记载了研发资源分配中可能出现的一些扭曲现象，为了说明的目的，往往侧重于其中一两种扭曲现象。 这个CAREER项目的贡献是将这些扭曲中的几个纳入一个单一的一般均衡模型，并从经验上分析其影响。 该项目为思考这些扭曲现象和估计其对研发的净影响提供了一个连贯的框架。 本报告将重点讨论研发资源分配中的四个主要扭曲现象&：垄断加价效应、知识溢出效应（“站在肩膀上”）、创造性破坏效应和专利竞赛效应（“踩在脚趾上”）。 教育计划包括发展一个本科生研究研讨会，探讨以研发为基础的增长模式的广泛影响。 研讨会将用于提供定性证据，以补充研究计划中的正式统计分析。 研讨会的第一部分将突出新旧增长理论的教训。 在讨论了与测试的R D为基础的模型的微妙之处，调查员将探讨技术和增长的历史分析和人口和经济增长的定性文献。

9510916 Jones The emergence of the R&D-based endogenous growth literature has led to an overlap between the macro growth literature and a micro literature on the economics of research and development. Papers in each of these literature's have documented a number of distortions in the allocation of resources to R&D that may arise, often focusing on one or two of these distortions for illustrative purposes. The contribution of this CAREER project is to incorporate several of these distortions into a single general equilibrium model and to analyze their effects empirically. The project provides a coherent framework for thinking about these distortions and estimating their net impact on R&D. It will focus on four key distortions in the allocation of resources to R&D: a monopoly markup effect, a knowledge spillover effort ("standing on shoulders"), a creative destruction effect, and a patent race effect ("stepping on toes"). The Education Plan consists of the development of an undergraduate research seminar for exploring the broad implications of the R&D-based growth model. The seminar will be used to provide qualitative evidence to complement the formal statistical analysis in the Research Plan. The initial part of the research seminar will highlight the lessons of old and new growth theory. After discussing the subtleties associated with testing the R&D based models, the investigator will explore the historical analysis of technology and growth and the qualitative literature on population and economic growth.