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product and in labour markets, in the determination of sectoral employment growth in Italy during the last forty years (1951 … markets were quantitatively more important than changes in product markets in the determination of sectoral employment growth … remained constant after 1973, our simulations suggest that, on average, industrial and service employment would have been …
Persistent link: https://www.econbiz.de/10005666840
product demand can affect employment under these conditions. The analysis suggests that the longer-term effectiveness of …
Persistent link: https://www.econbiz.de/10005504209
to increases in R&D, patenting, IT and TFP within firms; and second it reallocated employment between firms towards more … in employment, profits, prices and the skill share. By contrast, import competition from developed countries had no …
Persistent link: https://www.econbiz.de/10008854502
employment are determined by optimizing choices in an imperfectly competitive setting. It turns out that underemployment …
Persistent link: https://www.econbiz.de/10005281303
This paper proposes a simple theory of a system of cities that decomposes the determinants of the city size distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to larger cities, but also to greater frictions through...
Persistent link: https://www.econbiz.de/10008784710