Narrow search
Showing 1 - 10 of 441
Cover Image
Resistance to Technology Adoption: The Rise and Decline of Guilds
Desmet, Klaus; Parente, Stephen - C.E.P.R. Discussion Papers - 2013
technology that does not require their specialized input. The theory predicts an inverted-U relation between guilds and market … size: for small markets, firm profits are insufficient to cover the fixed cost of adopting the new technology, and hence … productive technology diffuses throughout the economy. We show that this inverted-U relation between guilds and market size …
Persistent link: https://www.econbiz.de/10011083603
Cover Image
Cultural Assimilation, Cultural Diffusion and the Origin of the Wealth of Nations
Ashraf, Quamrul; Galor, Oded - C.E.P.R. Discussion Papers - 2007
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...
Persistent link: https://www.econbiz.de/10005123872
Cover Image
Innovation and Growth with Rich and Poor Consumers
Brunner, Johann K; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998
This paper studies the impact of income inequality on the level of innovative activity in a model where innovations result in quality improvements. The market for quality goods is characterized by a natural oligopoly with two types of consumers – rich and poor. In general, we find that for...
Persistent link: https://www.econbiz.de/10005656323
Cover Image
Cotton Textiles and the Great Divergence: Lancashire, India and Shifting Competitive Advantage, 1600-1850
Broadberry, Stephen N; Gupta, Bishnupriya - C.E.P.R. Discussion Papers - 2005
The growth of cotton textile imports into Britain from India opened up new opportunities for import substitution as the new cloths, patterns and designs became increasingly fashionable. However, high silver wages in Britain as a result of high productivity in other tradable goods and services,...
Persistent link: https://www.econbiz.de/10005662364
Cover Image
Schumpeterian Entrepreneurs Meet Engel's Law: The Impact of Inequality on Innovation-Driven Growth
Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998
This paper analyses the impact of inequality on growth when technical progress is driven by innovations. It is assumed that consumers have hierarchic preferences. As a result inequality affects demand and therefore the incentive to innovate. Whether more inequality is harmful or beneficial for...
Persistent link: https://www.econbiz.de/10005667010
Cover Image
Taxation and the International Mobility of Inventors
Akcigit, Ufuk; Baslandze, Salomé; Stantcheva, Stefanie - C.E.P.R. Discussion Papers - 2015
This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...
Persistent link: https://www.econbiz.de/10011272707
Cover Image
Machines as Engines of Growth
Zeira, Joseph - C.E.P.R. Discussion Papers - 2005
This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks. This enables the economy to experience long-run growth, as machines become servants of humans, and as their number can grow unboundedly. The mechanism that drives growth is...
Persistent link: https://www.econbiz.de/10005656232
Cover Image
Procuring Innovation
Cabral, Luís M B; Cozzi, Guido; Denicolò, Vincenzo; … - C.E.P.R. Discussion Papers - 2006
To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...
Persistent link: https://www.econbiz.de/10005791875
Cover Image
Mark-up and Cost Dispersion across Firms: Direct Evidence from Producer Surveys in Pakistan
Atkin, David; Chaudhry, Azam; Chaudry, Shamyla; … - C.E.P.R. Discussion Papers - 2015
Researchers typically invoke theoretical assumptions to estimate mark-ups. Instead, we directly obtain mark-ups by surveying Pakistani soccer-ball producers. We document six facts: (1) Mark-ups are more dispersed than costs; (2) Mark-ups and costs increase with firm size; (3) The mark-up...
Persistent link: https://www.econbiz.de/10011145410
Cover Image
Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits
Galor, Oded; Michalopoulos, Stelios - C.E.P.R. Discussion Papers - 2011
This research suggests that the evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history....
Persistent link: https://www.econbiz.de/10009002382