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Structural vector-autoregressive models are potentially very useful tools for guiding both macro- and microeconomic policy. In this paper, we present a recently developed method for exploiting non-Gaussianity in the data for estimating such models, with the aim of capturing the causal structure...
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The aim of this study is to analyse the main determinants of the adoption and use of information and communication technologies (ICT) and the relationship between ICT and the patterns of innovation in an Italian industrial district. The analysis is carried out on a database of 118 textile...
Persistent link: https://www.econbiz.de/10005495849
"We review the theories of growth and economic development in which the industrial sector plays a role. We briefly discuss the theoretical arguments that have been put forward in each of them and summarise the explanation of how industrialisation promotes growth and economic development. We...
Persistent link: https://www.econbiz.de/10011098657
Development and growth are products of the interplay and interaction among heterogeneous actors operating in specific institutional settings. There is a much alluded-to, but under-investigated, link between economic growth, innovation systems, and institutions. There is widespread agreement...
Persistent link: https://www.econbiz.de/10011201950
The paper analyzes both internal (to the firm) and external (geographical) determinants and obstacles to small firms’ relational and organizational adaptability in mature Italian industries. While presenting a review of the literature accounting for the two dominant typologies of adaptation in...
Persistent link: https://www.econbiz.de/10010798452
We propose an agent-based computational model defining the following dimensions of structural change - organisation of production, technology of production, and product on the supply side, and income distribution and consumption patterns on the demand side - at the microeconomic level. We define...
Persistent link: https://www.econbiz.de/10010894160
The paper proposes a model that explains cross-country growth divergences over time for different aspects of structural change. The model formalises the links between production technology, firm organisation (functional composition of employment) on the supply side and the endogenous evolution...
Persistent link: https://www.econbiz.de/10010883454
We propose an agent-based computational model defining the following dimensions of structural change?organisation of production, technology of production, and product on the supply side, and income distribution and consumption patterns on the demand side?at the microeconomic level. We define ten...
Persistent link: https://www.econbiz.de/10011020576