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Structural change involves a broad set of trends: (i) sectoral reallocations, (ii) rich movements of productive activities between home and market, and (iii) an increase in the scale of productive units. After extending these facts, we develop a model to explain them within a unified framework....
Persistent link: https://www.econbiz.de/10010292135
The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry and exit, environmental taxes have an impact on economies of scale by changing the number and size of firms. Whether economies of scale rise or fall in a particular industry...
Persistent link: https://www.econbiz.de/10010297742
In this paper we are going to analyze the dynamics of barriers to entry at the international level. In our model economic development takes place and continues in the long run due to the emergence of new sectors, which can compensate for the diminishing ability of mature sectors to create...
Persistent link: https://www.econbiz.de/10010298845
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Following up on recent debates about sectoral systems of innovation and production, the paper introduces a heuristic framework for analyzing and explaining distinct patterns of technology-based sectoral change. The concept is based on two interrelated influencing factors. The first is the...
Persistent link: https://www.econbiz.de/10010300656
We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an evolutionary model with agentbased...
Persistent link: https://www.econbiz.de/10010328363
The paper analyses the properties and outcomes of competitive dynamics in industries characterized by heterogeneous firms and continuing stochastic entry. A formal analytical apparatus is developed, able to derive some generic properties of the underlying competition process combining persistent...
Persistent link: https://www.econbiz.de/10010328451
The paper develops a growth model with evolutionary microfounded structural change. The model endogenises both technical change and changes in final and intermediate demand as affecting macro-economic growth, through the structural change of the economy. The aim is to formally account for the...
Persistent link: https://www.econbiz.de/10010328508
As innovation becomes an ever more central issue for the development of firms and world economies, so the need for improved assessments of innovative performance grows more urgent. This paper suggests that trademark analysis can contribute in capturing relevant aspects of innovation phenomena...
Persistent link: https://www.econbiz.de/10010328573