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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World Scientific Publishing Co. Pte. Ltd.
2022
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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 |
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Thư viện Trường Đại học Đà Lạt |
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English |
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R&D investment Economic growth |
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R&D investment Economic growth Trần, Nhật Thiện Factors Associated with Economic Growth: An Investigation on the Government Spending in R&D. |
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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 |