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of human mind. In other words, knowledge on production, i.e., technology or productive knowledge provides the premises … and gives occasion to a dynamic and uninterrupted growth process, but technology itself is the product of mental labor …
Persistent link: https://www.econbiz.de/10005556709
The author of this note takes it as self evident that prosperity and the provision of "things" (buildings, roads, furniture, furnishings, clothes, machines and equipment of all sorts) go together. The way people generally speak and act is in line with this view. If this is so, domestic...
Persistent link: https://www.econbiz.de/10005407637
On 23 February 1999 the Assistant Treasurer referred international telecommunic-ations market regulation for inquiry and report within six months. The report focused on the reform of international telecommunications markets, in particular on the payment arrangements between providers of...
Persistent link: https://www.econbiz.de/10005407765
We may distinguish between two concepts of technology: a theoretical level of technology (that is, a technology … possibilities frontier) and a level of technology in practice (that is, ready to use in production technology). Having these two … the implementation of technology to productive uses. There is a trade-off between the two technology variables and we …
Persistent link: https://www.econbiz.de/10005408275
). Domestic investments should be from Domestic Savings. Domestic Technology should be manned by Domestic Manpower. These could …
Persistent link: https://www.econbiz.de/10005408439
This paper investigates the role of technology shocks as a propagation mechanism for business cycles using the new … Japan during the period 1980 to 2000, I find that though technology shocks play an important role in propagating market …, something that standard RBC models fail to recognize and consequently tends to overemphasize the role of technology shocks. …
Persistent link: https://www.econbiz.de/10005412733
concentrate exclusively on DSL. Rather, its impact should be technology-neutral. …
Persistent link: https://www.econbiz.de/10005412897
The diffusion of modern, efficient technology has far-reaching consequences for the geography of economic activity … favorable to the rapid spread of new technology. The first states that latecomer advantage allows developing countries to … diffuse new technology faster than developed countries. The second claim, widely articulated by advocates of neo …
Persistent link: https://www.econbiz.de/10005062437
Recently there has been a growing tendency to impose curvature, but not monotonicity, on specifications of technology …, estimated flexible specifications of technology are much more likely to violate curvature than monotonicity. Hence it has been … our earlier results with a multiproduct financial technology specified to be generalized quadratic. In our earlier work …
Persistent link: https://www.econbiz.de/10005062564
POWERED BY THE DEVELOPMENTS IN NEW TECHNOLOGY APPLICATIONS, THE WORLD IS MOVING RAPIDLY TOWARDS KNOWLEDGE …
Persistent link: https://www.econbiz.de/10005556113