The paper examines to which extent the theory of the farm household and the argument of path dependencies can be confirmed through recent empirical contributions on structural change in agriculture. In addition, a model is developed that explains structural change through occupational choices in...

Despite the pursuit of similar industrial policies during the post-1990s, Indian states have revealed divergent outcomes in industrial growth. Such divergence suggests different levels of policy implementation which itself is a result of the interplay of formal and informal institutions,...

This paper assesses the Layard et al. (1991) NAIRU framework for explaining unemployment. Their approach is distinct from the natural rate of unemployment framework in that it postulates a short-run NAIRU influenced by 'hysteresis'. It is pointed out that this is not hysteresis in the meaning...

The advertising industry is often seen as adaptable and flexible, and its work organization and diverse project ecologies are assumed to nurture creativity, learning and innovation. The advertising industry in Oslo is currently going through a restructuring process of adapting to the Internet as...