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En este trabajo se analiza la evolucion de una economia con dos tipos de firmas (innovadoras y no-innovadoras) y dos tipos de trabajadores (altamente calificados y poco calificados), en el que las decisiones de los trabajadores se encuentran definidas por conductas imitativas de comportamiento y...
Persistent link: https://www.econbiz.de/10010897762
We study an imitation game of strategic complementarities between the percentage of high-skilled workers and innovative firms, namely, human capital and R&D, respectively. We show that this model has two pure Nash equilibria, one of them with high investment in R&D and skilled workers while the...
Persistent link: https://www.econbiz.de/10005704497
En este trabajo se muestran condiciones para la unicidad del equilibrio de Nash-Cournot para un juego de n-firmas. Estas condiciones garantizan que las funciones de mejor respuesta para n-firmas que compiten en forma oligopolica a la Cournot sean contracciones y generalizan las condiciones de...
Persistent link: https://www.econbiz.de/10010892063
Persistent link: https://www.econbiz.de/10010567414
Abstract The economy under study is populated by two types of firms (innovative and not) and two types of workers (skilled and unskilled). The aim is to develop a model that confirms the existence of complementarities between innovative firms (R&D activities) and skilled workers (human capital)...
Persistent link: https://www.econbiz.de/10008865627
Far away from any ideological point of view, our aim in this paper is to study, in a differential-game-theoretical approach, the standard growth model. Our baseline model comes from Kaitala y Pohjola (2009) based on the original ideas of Lancaster (1973). We focus on the computation of feedback...
Persistent link: https://www.econbiz.de/10010851025
This paper studies the long-run relationship between economic growth and income inequality in China during the pre- and post-reform periods: 1952-1978 and 1979-2007, respectively. Income inequality is measured by the Gini coe¢ cient and economic growth by real per capita GDP. The cointegration...
Persistent link: https://www.econbiz.de/10008756148
Tourism demand in Mexico is around 80 percent represented by USA visitors. The goal of this paper is to explain the long-term effects of Tourism Demand in Mexico with respect to US visitors. To reach our goal the methodology of this paper follows the Johansen cointegration analysis and using...
Persistent link: https://www.econbiz.de/10008681023
Between 1985 and 1998, the growth rate of Chile was among the top four in the world (Massad, 2002, Gallego and Loayza, 2002) showing, moreover, a very heterogeneous behavior at regional level. The objective of this paper is to analyze how dissimilar are the economic performance of Chilean...
Persistent link: https://www.econbiz.de/10011108068
Entre 1985 y 1998 la tasa de crecimiento de Chile se encontró entre las cuatro primeras del mundo (Massad, 2002; Gallego & Loayza, 2002) siendo, sin embargo, sumamente heterogéneo el comportamiento a nivel territorial. El objetivo de este trabajo es analizar cuán disímiles han sido los...
Persistent link: https://www.econbiz.de/10011075605