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The paper contributes to the debate on growth and distribution in a non-mainstream perspective. It looks at the role that capacity utilization plays in the process of growth under the hypothesis that the rate of capital depreciation is a function of the degree of capacity utilization. Our...
Persistent link: https://www.econbiz.de/10010946174
This paper contributes to the debate on income growth and distribution from a nonmainstream perspective. It looks, in particular, at the role that the degree of capacity utilization plays in the process of growth of an economy that is not perfectly competitive. The distinctive feature of the...
Persistent link: https://www.econbiz.de/10010757312
The present study investigates the relationship between land vulnerability to desertification and the evolution of the productive structure in Italy during the last fifty years (1960-2010). The objectives of the study are two-fold: (i) to present and discuss an original analysis of the...
Persistent link: https://www.econbiz.de/10011114232
Persistent link: https://www.econbiz.de/10011020600
Environmental innovations heavily depend on government policies and consumers? behaviour. This paper addresses the issue of how these two factors interact in shaping the transition to a green technology. We extend models of technological selection with heterogeneous agents and learning by...
Persistent link: https://www.econbiz.de/10011020612
Persistent link: https://www.econbiz.de/10011020620
Within rich countries, a large dispersion in the capacity of generating environmental innovations appears correlated to the level of inequality. Previous works analyze the relationship between inequality and environmental quality in a static setting. This paper builds a dynamic model more...
Persistent link: https://www.econbiz.de/10009275226
The paper focusses on the technological paradox. To analyze the possible temporary negative effect of an innovation we make use of a flow representation of production. Our aim is to show that such phenomenon can be justified by a simple property of the production process: in real time costs...
Persistent link: https://www.econbiz.de/10010573251
The paper focusses on the technological paradox. To analyze the possible temporary negative eect of an innovation, we make use of a ow representation of production. Our aim is to show that such phenomenon can be justied by a simple property of the production process: in real time costs strictly...
Persistent link: https://www.econbiz.de/10008616907
This paper extends the out-of-equilibrium literature to analyse a structural transition characterized by the emergence of a new sector that satisfies a want lower in the hierarchical scale. In particular, the dynamic interaction demand-supply can be a source of multiple long-run outcomes if both...
Persistent link: https://www.econbiz.de/10008559945