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Resistance to Technology Adoption: The Rise and Decline of Guilds

Desmet, Klaus; Parente, Stephen - C.E.P.R. Discussion Papers - 2013

technology that does not require their specialized input. The theory predicts an inverted-U relation between guilds and market … size: for small markets, firm profits are insufficient to cover the fixed cost of adopting the new technology, and hence … productive technology diffuses throughout the economy. We show that this inverted-U relation between guilds and market size …

Persistent link: https://www.econbiz.de/10011083603

Innovation and Growth with Rich and Poor Consumers

Brunner, Johann K; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

This paper studies the impact of income inequality on the level of innovative activity in a model where innovations result in quality improvements. The market for quality goods is characterized by a natural oligopoly with two types of consumers – rich and poor. In general, we find that for...

Persistent link: https://www.econbiz.de/10005656323

Cotton Textiles and the Great Divergence: Lancashire, India and Shifting Competitive Advantage, 1600-1850

Broadberry, Stephen N; Gupta, Bishnupriya - C.E.P.R. Discussion Papers - 2005

The growth of cotton textile imports into Britain from India opened up new opportunities for import substitution as the new cloths, patterns and designs became increasingly fashionable. However, high silver wages in Britain as a result of high productivity in other tradable goods and services,...

Persistent link: https://www.econbiz.de/10005662364

Schumpeterian Entrepreneurs Meet Engel's Law: The Impact of Inequality on Innovation-Driven Growth

Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

This paper analyses the impact of inequality on growth when technical progress is driven by innovations. It is assumed that consumers have hierarchic preferences. As a result inequality affects demand and therefore the incentive to innovate. Whether more inequality is harmful or beneficial for...

Persistent link: https://www.econbiz.de/10005667010

Cultural Assimilation, Cultural Diffusion and the Origin of the Wealth of Nations

Ashraf, Quamrul; Galor, Oded - C.E.P.R. Discussion Papers - 2007

This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...

Persistent link: https://www.econbiz.de/10005123872

Taxation and the International Mobility of Inventors

Akcigit, Ufuk; Baslandze, Salomé; Stantcheva, Stefanie - C.E.P.R. Discussion Papers - 2015

This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...

Persistent link: https://www.econbiz.de/10011272707

Machines as Engines of Growth

Zeira, Joseph - C.E.P.R. Discussion Papers - 2005

This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks. This enables the economy to experience long-run growth, as machines become servants of humans, and as their number can grow unboundedly. The mechanism that drives growth is...

Persistent link: https://www.econbiz.de/10005656232

Procuring Innovation

Cabral, Luís M B; Cozzi, Guido; Denicolò, Vincenzo; … - C.E.P.R. Discussion Papers - 2006

To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...

Persistent link: https://www.econbiz.de/10005791875

Weightless Machines and Costless Knowledge: An Empirical Analysis of Trade and Technology Diffusion

Barba Navaretti, Giorgio; Soloaga, Isidro - C.E.P.R. Discussion Papers - 2002

to the European Union. The Paper departs from earlier studies of international technology diffusion as it focuses on the … technology embodied in the machines imported. Earlier works had mostly focussed on spillovers of foreign R&D conveyed through … technology and its impact on domestic productivity for a set of manufacturing sectors. The technological level of the machines …

Persistent link: https://www.econbiz.de/10005504405

Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality

Acemoglu, Daron - C.E.P.R. Discussion Papers - 1997

of each technology is determined by a profit-maximizing R&D sector. When there is a high proportion of skilled workers in …

Persistent link: https://www.econbiz.de/10005504709