自動化與創新在熊彼特經濟的成長效應

In this project, we attempt to analyze how union bargaining power, governmentsubsidies and heterogeneous firms influence economic growth and social welfarethrough a cycle of automation and innovation. To analyze these effects, this 2-years project will consider a Schumpeterian growth model with endogenousautomation and introduce labor union and endogenous entry of heterogeneousfirms into this model. In the first year, this project focuses on the short-rundynamic and the long-run equilibrium effects of union bargaining power onunemployment, economic growth and social welfare in a quality-ladder modelwith endogenous automation. In the second year, this project explores whethereconomic growth have a non-monotonic relationship with R&D subsidy andautomation subsidy through endogenous entry of heterogeneous firms. Finally, inthe second year, we also attempt to discuss the welfare effects of R&D andautomation subsidies.