Showing 1 - 10 of 229
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
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
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
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
If government revenues from a flat-rate income tax are spent on public factors and public factors are used for human capital production and human capital is used for the production of technical progress, then a higher rate of taxation will lead to a higher rate of technical progress if steady...
Persistent link: https://www.econbiz.de/10011108048
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
accomplish such innovations, knowledge management is a must from the front-end of the value chain until its concrete form that is …
Persistent link: https://www.econbiz.de/10005787002
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957
In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the widely held view that one of the positive legacies of the economies in transition (particularly that of Bulgaria) is the high level of human capital. The high degree of development of education and...
Persistent link: https://www.econbiz.de/10011259237