Showing 1 - 10 of 211
This paper develops a theory of endogenous growth cycles focusing on the interaction between consumers' desire to …
Persistent link: https://www.econbiz.de/10005407691
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 concepts in mind, the paper develops an intertemporal...
Persistent link: https://www.econbiz.de/10005408275
enriched economic growth theory. However, both object- idea gaps, and factor-force specialization do not make explicit intra …
Persistent link: https://www.econbiz.de/10005556726
-1974, its subsequent stagnation and eventual recovery. This paper employs general equi- librium theory to test whether this good …
Persistent link: https://www.econbiz.de/10005561227
Economic phenomena are interrelated. From a growth perspective, time analysis concerning the choices of present and future consumption and the choices between the allocation of scientific resources should be combined with a space analysis regarding the dissemination of economic activity through...
Persistent link: https://www.econbiz.de/10005124884
development across most of human history induced growth theorists to advance an alternative theory that captures in a single … between these distinct regimes. Unified growth theory reveals the underlying micro foundations that are consistent with the … growth process over the entire history of the human species, enhancing the confidence in the viability of the theory, its …
Persistent link: https://www.econbiz.de/10005062763
theorists to advance an alternative theory that captures in a single unified framework the epoch of Malthusian stagnation, the … modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory … species, enhancing the confidence in the viability of the theory, its predictions and its policy implications for the growth …
Persistent link: https://www.econbiz.de/10005556052
The demographic transition that swept the world in the course of the last century has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed and...
Persistent link: https://www.econbiz.de/10005556697
Human brain has invented the Computer&upgraded it to a level of Combrains. With Artificial Chemical Memory, these may grow to function as independent Iintellects, Master/Sponsor representatives and self- decision workers with autonomy&supreme capability. Like any human society learn and function...
Persistent link: https://www.econbiz.de/10005118844
Estonia is one of the most rapidly developing information societies in Central and Eastern Europe. Still, 61% of the Estonian adult population does not use the Internet. The analysis, carried out by the research company Emor and PRAXIS Center for Policy Studies, looked thoroughly at the reasons...
Persistent link: https://www.econbiz.de/10005407742