Showing 1 - 10 of 17
The accumulation of knowledge and its application to a variety of human needs is a discontinuous process that involves innovation and change. While much has been written on major discontinuities associated, for instance, with the rise of new technologies during industrial revolutions, other...
Persistent link: https://www.econbiz.de/10013277440
This paper highlights new findings on the wage-productivity nexus in the World Factory Economy. After presenting the long-run macro-elasticity characterizing the phase of Chinese economic development since the eighties, we look at the wage-productivity nexus from a micro level perspective using...
Persistent link: https://www.econbiz.de/10011986753
Along the development path, countries experience large transformations in their economic structure as productive resources move towards different economic activities. ''Modern economic growth'' is also associated with a self-sustained process of technical change which leads to the emergence of...
Persistent link: https://www.econbiz.de/10012020146
In this paper we investigate whether long run time series of income per capita are better described by a trend-stationary model with few structural changes or by unit root processes in which permanent stochastic shocks are responsible for the observed growth discontinuities. To this purpose, we...
Persistent link: https://www.econbiz.de/10012098522
growth is also a central concern to both the practice and theory of business strategy. Despite both its theoretical and … robust theory of firm growth. This paper attempts to address this gap in our empirical knowledge of firm growth using a …
Persistent link: https://www.econbiz.de/10012007050
In this paper we present a multi-country, multi-industry agent-based model investigating the different growth patterns of interdependent economies. Each country features a Schumpeterian engine of endogenous technical change which interacts with Keyneasian/Kaldorian demand generation mechanisms....
Persistent link: https://www.econbiz.de/10011763040
In this contribution we offer a broad overview of the technological, institutional and policy dynamics associated with the great transformation - borrowing Karl Polanyi (1944) expression - leading from traditional, mostly rural, economies to economies driven by industrial activities (and...
Persistent link: https://www.econbiz.de/10011894329
The paper attempts to interpret a few stylized facts of international economic growth by means of an open economy evolutionary model. The idea is that growth models that incorporate a richer representation of the properties and effects of technological change can give a better explanation of the...
Persistent link: https://www.econbiz.de/10001907231
The paper, as such a draft of a chapter for the second edition of the Handbook of Economic Socielogy, Edited by Neil J. Smelser and Richard Swedberg), is meant to offer some sort of roadmap accross a few fields of investigation concerning the relationships between technological learning and...
Persistent link: https://www.econbiz.de/10001691425
Persistent link: https://www.econbiz.de/10001691444