Showing 1 - 10 of 974
We draw on a dynamical two-sector model and on a calibration exercise to study the impact of a skill-biased technological shock on the growth path and income distribution of a developing economy. The model builds on the theoretical framework developed by Silverberg and Verspagen (1995) and on...
Persistent link: https://www.econbiz.de/10010261973
and innovation, trying to map – using the taxonomies put forward by the innovation literature – the concrete ways through … involved into globalized markets where domestic innovation has to be complemented by the role played by international … technological transfer. Among the ways how a middle income country can foster domestic innovation and structural change in terms of …
Persistent link: https://www.econbiz.de/10010352253
and innovation, trying to map – using the taxonomies put forward by the innovation literature – the concrete ways through … involved into globalized markets where domestic innovation has to be complemented by the role played by international … technological transfer. Among the ways how a middle income country can foster domestic innovation and structural change in terms of …
Persistent link: https://www.econbiz.de/10010884188
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10010262488
This paper presents a dynamic model that analyzes how firms' expectations with regards to technological change influence the demand for outsourcing. We show that outsourcing becomes more beneficial to the firm when technology is changing rapidly. As the pace of innovations in production...
Persistent link: https://www.econbiz.de/10010268654
We present a dynamic model where the probability of outsourcing production is increasing in the firm's expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...
Persistent link: https://www.econbiz.de/10010269467
In this study we use a unique database covering 25 manufacturing and service sectors for 16 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D...
Persistent link: https://www.econbiz.de/10010269701
identifies the impact of innovation, imitation and R&D costs on firms' R&D decisions. R&D costs gained importance in Switzerland … prioritize enhancing innovation and imitation success over cost reduction to boost productivity growth. …-productivity firms in Switzerland. Innovation support sustains firms' R&D activities in both countries. Our structural growth model …
Persistent link: https://www.econbiz.de/10014567545
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/10010262337
This paper critically discusses the theoretical and empirical literature on the quantitative and qualitative employment impact of technological change, compares the relative explanatory power of the competing theories, and explains in detail the macro and micro evidence on the issue, with...
Persistent link: https://www.econbiz.de/10010282387