D. Acemoğlu, S. Johnson und J. Robinson erhielten 2024 den Nobelpreis für Wirtschaftswissenschaften für ihre Forschung zu den Auswirkungen von Institutionen auf den Wohlstand von Nationen. Sie erweiterten die klassische Wirtschaftstheorie um die institutionelle und politökonomische...

This paper studies the transmission of business cycle fluctuations for developed (N ) to developing economies (S ) with a two-country, asymmetric, DSGE model with endogenous development of new technologies in N, and sunk costs of exporting and transferring the production of the intermediate...

Empirical evidence - including the current global crisis - suggests that shocks from advanced countries often have a disproportionate effect on developing economies. Can this account for the fact that aggregate fluctuations are larger and more persistent in the latter than in the former...

This study collects data on the sophistication of technologies used at the business function level for a representative sample of firms in Vietnam, Senegal, and the Brazilian state of Ceara. The analysis finds a large variance in technology sophistication across the business functions of a firm....

There is limited evidence on the role of participating in international trade in the diffusion of technologies. This paper analyzes the impact of exporting on firms' adoption of more sophisticated technologies, using a novel dataset, the Firm-level Adoption of Technology survey, which includes...

This paper examines technology sophistication in establishments. To comprehensively measure technology sophistication, a grid is created that covers key business functions and the technologies used to conduct them. Analyzing data from over 21,000 establishments in 15 countries, the authors find...