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The paper provides fresh empirical evidence on the relative role of changes in final and intermediate demand as affecting the changes in the sectoral structure of advanced economies. These latter have led, over the last three decades, to the massive growth of service sectors. The paper draws...
Persistent link: https://www.econbiz.de/10005230752
We propose to develop in this paper an alternative approach to the New Growth Theory to analyse growth rate divergence among integrated economies. The model presented here considers economic growth as a disequilibrium process. It introduces in a cumulative causation framework, micro-founded...
Persistent link: https://www.econbiz.de/10005422852
This paper looks at the perception of obstacles to innovation of both multinational enterprises (MNEs) and domestic firms located in Italy. Drawing on data from the firm-level Italian CIS3, we first explore to what extent innovative behaviours are both firm- (i.e. foreign- versus...
Persistent link: https://www.econbiz.de/10005385250