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Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005762377

Structural Change and the Kaldor Facts of Economic Growth

Foellmi, Reto; Zweimüller, Josef - Institute for the Study of Labor (IZA) - 2002

We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...

Persistent link: https://www.econbiz.de/10005566639

An Innovation Index Based on Knowledge Capital Investment: Definition and Results for the UK Market Sector

Clayton, Tony; Dal Borgo, Mariela; Haskel, Jonathan - Institute for the Study of Labor (IZA) - 2009

We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole …-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we … could get more GDP without innovation by simply duplicating existing physical capital and labour (e.g. adding a second …

Persistent link: https://www.econbiz.de/10005761737

Job-Hopping in Silicon Valley: Some Evidence Concerning the Micro-Foundations of a High Technology Cluster

Fallick, Bruce; Fleischman, Charles A.; Rebitzer, James B. - Institute for the Study of Labor (IZA) - 2005

that reduce incentives to invest in new knowledge. Using a formal model of innovation we identify conditions where the … innovation benefits of job-hopping exceed the costs from reduced incentives to invest in human capital. These conditions likely …. Consistent with our model of innovation, we also find that outside of the computer industry, California’s mobility rates are no …

Persistent link: https://www.econbiz.de/10005762119

Are Intellectual Property Rights Unfair?

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2002

distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …

Persistent link: https://www.econbiz.de/10005762372

Is Corporate R&D Investment in High-Tech Sectors More Effective? Some Guidelines for European Research Policy

Ortega-Argilés, Raquel; Piva, Mariacristina; Potters, … - Institute for the Study of Labor (IZA) - 2009

This paper discusses the link between R&D and productivity across the European industrial and service sectors. The empirical analysis is based on both the European sectoral OECD data and on a unique micro longitudinal database consisting of 532 top European R&D investors. The main conclusions...

Persistent link: https://www.econbiz.de/10005078574

Services Outsourcing and Innovation: An Empirical Investigation

Görg, Holger; Hanley, Aoife - Institute for the Study of Labor (IZA) - 2009

outsourcing, profits and innovation using plant level data. We find a positive effect of international outsourcing of services on … activities towards innovation. We also find that international services outsourcing has a positive effect on profitability, as …

Persistent link: https://www.econbiz.de/10005015466

Innovation and Employment: A Survey

Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2007

According to the "compensation theory", market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The...

Persistent link: https://www.econbiz.de/10005700886

Innovations, Wages and Demand for Heterogeneous Labour: New Evidence from a Matched Employer-Employee Data-Set

Bellmann, Lutz; Schank, Thorsten - Institute for the Study of Labor (IZA) - 2000

This paper examines the impact of innovations and wages on the demand for heterogeneous labour. Based on matched data from the IAB-establishment panel survey and the files of the employment statistics register for the year 1995, input shares derived from a generalised Leontief cost function are...

Persistent link: https://www.econbiz.de/10005700936

Globalization and Innovation in Emerging Markets

Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2008

into account firm heterogeneity. We find support for the prediction that competition has a negative effect on innovation … are important channels for domestic firm innovation. We do not find support for the inverted U effect of competition on … innovation. There is partial support for the hypothesis that firms in a more pro-business environment invest more in innovation …

Persistent link: https://www.econbiz.de/10005703100