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Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10010262477

Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing

Acemoglu, Daron; Autor, David; Dorn, David; Hanson, … - 2014

An increasingly influential technological-discontinuity paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some limited...

Persistent link: https://www.econbiz.de/10010333318

Welfare Analysis in a Schumpeterian Growth Model with Capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10010262488

Innovations, Wages and Demand for Heterogeneous Labour: New Evidence from a Matched Employer-Employee Data-Set

Bellmann, Lutz; Schank, Thorsten - 2000

This paper examines the impact of innovations and wages on the demand for heterogeneous labour. Based on matched data from the IAB-establishment panel survey and the files of the employment statistics register for the year 1995, input shares derived from a generalised Leontief cost function are...

Persistent link: https://www.econbiz.de/10010262337

Innovation, employment and skills in advanced and developing countries: A survey of the literature

Vivarelli, Marco - 2012

This paper critically discusses the theoretical and empirical literature on the quantitative and qualitative employment impact of technological change, compares the relative explanatory power of the competing theories, and explains in detail the macro and micro evidence on the issue, with...

Persistent link: https://www.econbiz.de/10010282387

Skill-biased technological change in Denmark : a disaggregate perspective

Malchow-Møller, Nikolaj; Skaksen, Jan Rose - 2003

In this paper, we provide an industry-level analysis of skill-biased technological change (SBTC) in Denmark over the last two decades. The analysis shows that SBTC has varied considerably across industries, and traditionally large Danish industries have experienced relatively less SBTC. This may...

Persistent link: https://www.econbiz.de/10010275781

Innovation and employment: a survey

Vivarelli, Marco - 2007

According to the compensation theory, market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The...

Persistent link: https://www.econbiz.de/10010267790

Discrete innovation, continuous improvement, and competitive pressure

Ghosh, Arghya; Kato, Takao; Morita, Hodaka - 2007

Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms' incentives to innovate and competitive …

Persistent link: https://www.econbiz.de/10010268378

Outsourcing and technological innovations: a firm-level analysis

Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2008

This paper presents a dynamic model that analyzes how firms' expectations with regards to technological change influence the demand for outsourcing. We show that outsourcing becomes more beneficial to the firm when technology is changing rapidly. As the pace of innovations in production...

Persistent link: https://www.econbiz.de/10010268654

Outsourcing and technological change

Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2009

We present a dynamic model where the probability of outsourcing production is increasing in the firm's expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...

Persistent link: https://www.econbiz.de/10010269467