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This paper studies the impact of environmental innovation on employment growth using firmlevel data for 16 European countries and the period 2006-2008. It extends the model by Harrison et al (2008) in order to distinguish between employment effects of environmental and non-environmental product...
Persistent link: https://www.econbiz.de/10010431720
This paper aims to conduct long-term projections about the organizational changes in the Korean economy and industry. The KIET–DIMM (KIET Dynamic Inter-industry Macroeconomic Model) was developed into KIET–DIMM12 to conduct this research. The KIET–DIMM is basically designed to achieve...
Persistent link: https://www.econbiz.de/10014240988
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the aggregate and sectoral levels by employing an econometric growth-accounting approach. First, our results show that intangible capital deepening accounts for around 40 percent of labor...
Persistent link: https://www.econbiz.de/10012622533
This contribution analyzes the impact of intangible capital on labor productivity growth across countries at the aggregate and sectoral levels by employing an econometric growth-accounting approach. First, our results show that intangible capital deepening accounts for around 50 percent of labor...
Persistent link: https://www.econbiz.de/10013183835
After a period of convergence where many perceived the country as a success case, Portugal’s economic performance proved to be disappointing in the last decade. In this study we focus on the relationship between technology and economic catching-up in order to answer to two major questions: (i)...
Persistent link: https://www.econbiz.de/10010949334
This paper formally proves that economic outcomes are not independent from the corporate governance system and its ability to protect shareholders’ rights. This is achieved by extending a neoclassical growth model to incorporate an imperfectly functioning market for managerial labour enabling...
Persistent link: https://www.econbiz.de/10014176959
new European growth and development strategy is necessary and feasible, enabling a socio-ecological transition to high … challenges necessitating deliberations on a new growth path, to define socio-ecological transition, key actors and main obstacles …, and to find out how the process of a socio-ecological transition can be initiated, monitored, and accelerated on an …
Persistent link: https://www.econbiz.de/10010431693
Structural change is both a challenge and an opportunity for countries and companies. However, there is no silver bullet in terms of superior economic models. Instead, different economic models can deal with structural change in a successful way. Both economies with a focus on services and those...
Persistent link: https://www.econbiz.de/10011480603
For much of the second half of the twentieth century, labour productivity grew rapidly in most OECD economies, fuelled by the adoption of a large stock of unexploited existing technologies. However, the slowdown in productivity growth over the past decade underscores the idea that as economies...
Persistent link: https://www.econbiz.de/10011399544
We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve their products, while entrants engage in more “radical” innovations to replace incumbents. Our model provides a tractable framework for the analysis of growth driven by both...
Persistent link: https://www.econbiz.de/10011263575