Showing 1 - 10 of 198
knowledge. The dynamic life-cycle approach elaborated in the second part provides a coherent account of the evidence, and … indicates interesting implications for innovation and educational policies. …
Persistent link: https://www.econbiz.de/10005835707
Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...
Persistent link: https://www.econbiz.de/10008855541
are used to analyze the determinant factors related to improvements in innovation and productivity. Our results indicate … that increasing technology and knowledge through a “black box” process is related to an increase in productivity …. Furthermore, the protection and management of production knowledge and expertise is a valid method of increasing global technical …
Persistent link: https://www.econbiz.de/10011112811
This paper develops a growth model to provide a theoretical explanation of the environmental Kuznets curve (EKC). Paper explains how EKC is shaped with economic development for a given technology. The EKC result arises in two ways – it can be observed from a single technology that matures and...
Persistent link: https://www.econbiz.de/10008805882
A fruitful recent theoretical literature has related human capital and technological development with income (and wages) inequality. However, empirical assessments on the relationship are still scarce. We relate human capital and total factor productivity (TFP) with inequality and discover that,...
Persistent link: https://www.econbiz.de/10011109094
Abstract: In this paper we assess the relevance of both knowledge creation and diffusion processes in affecting Italian … SMEs’ propensity to innovate. In doing so a knowledge production function (KPF) is estimated for a representative sample of … magnitude of such impact being decreasing in firms’ size. Second, knowledge diffusion via geographical proximity enhances the …
Persistent link: https://www.econbiz.de/10005622012
In this paper we use both the standard Census of Manufacturing data and new linked information on worker characteristics for the Finnish manufacturing plants to examine the skilled/unskilled relative demand and its correlation with technology and demand factors. The linked worker-plant data are...
Persistent link: https://www.econbiz.de/10011260527
Increasing returns to skill is often attributed to the rising relative demand for skilled workers driven by advancement in skill-complementary technology. In the context of India this paper argues that fluctuations in skill-premia in different sectors are primarily because of the shift in the...
Persistent link: https://www.econbiz.de/10008578251
In this paper I estimate unobserved labor-generated knowledge spillovers within and between six large macroeconomic … series of sectoral knowledge spillover matrices that show the changes in the magnitude and direction of intraand inter … over manufacturing as the main source and destination of new knowledge flows. The analysis of technology flows, measured as …
Persistent link: https://www.econbiz.de/10005617147
This paper assesses the role of evolutionary process in knowledge transformation and economic development, especially … a revolutionary role in converting the world into a global village. The knowledge, scientific and non-scientific, is …-visual way of enhancing knowledge. But digital technology has its positive and negative affects. It needs some positive steps to …
Persistent link: https://www.econbiz.de/10005835690