Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D.

This chapter aims to study the impact of R&D programs on economic growth. The long-run growth rate is fueled by R&D investment, and the government levies taxes on labor income and capital returns to finance this investment. The research investigates the interplay between R&D activity and...

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Tác giả chính: Trần, Nhật Thiện
Định dạng: Book part
Ngôn ngữ:English
Được phát hành: World Scientific Publishing Co. Pte. Ltd. 2022
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Truy cập trực tuyến:http://scholar.dlu.edu.vn/handle/123456789/862
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spelling oai:scholar.dlu.edu.vn:123456789-8622022-08-27T15:01:47Z Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D. Trần, Nhật Thiện R&D investment Economic growth This chapter aims to study the impact of R&D programs on economic growth. The long-run growth rate is fueled by R&D investment, and the government levies taxes on labor income and capital returns to finance this investment. The research investigates the interplay between R&D activity and the effects of tax policies. In particular, this study shows that a rise in R&D investment enhances the efficiency of unskilled labor so that income inequality between unskilled and skilled workers can be reduced, consequently increasing economic growth. Chapter 28 707-721 2022-08-27T13:43:51Z 2022-08-27T13:43:51Z 2021-01 Book part Bài báo đăng trên tạp chí thuộc ISI, bao gồm book chapter http://scholar.dlu.edu.vn/handle/123456789/862 10.1142/9789811227158_0028 en World Scientific World Scientific Publishing Co. Pte. Ltd. Singapore
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
topic R&D investment
Economic growth
spellingShingle R&D investment
Economic growth
Trần, Nhật Thiện
Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D.
description This chapter aims to study the impact of R&D programs on economic growth. The long-run growth rate is fueled by R&D investment, and the government levies taxes on labor income and capital returns to finance this investment. The research investigates the interplay between R&D activity and the effects of tax policies. In particular, this study shows that a rise in R&D investment enhances the efficiency of unskilled labor so that income inequality between unskilled and skilled workers can be reduced, consequently increasing economic growth.
format Book part
author Trần, Nhật Thiện
author_facet Trần, Nhật Thiện
author_sort Trần, Nhật Thiện
title Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D.
title_short Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D.
title_full Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D.
title_fullStr Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D.
title_full_unstemmed Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D.
title_sort factors associated with economic growth: an investigation on the government spending in r&d.
publisher World Scientific Publishing Co. Pte. Ltd.
publishDate 2022
url http://scholar.dlu.edu.vn/handle/123456789/862
_version_ 1768305874201214976