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Using data from the Community Innovation Survey for Belgium in two consecutive periods, this paper explores the … relationship between firm-level innovation activities and the propensity to start exporting. To measure innovation, we include … indicators of both innovative effort (R&D activities) as well as innovative output (product and process innovation). Our results …
Persistent link: https://www.econbiz.de/10008550190
firm is willing to pay for a process innovation that it would be the only one to use. We show that different measures of …
Persistent link: https://www.econbiz.de/10005043559
This paper shows that the development from an agricultural regime through industrialization to a manufacturing regime occurs simultaneously to the demographic transition and the change in labor structure towards an increasing fraction of skilled labor due to technological progress. The...
Persistent link: https://www.econbiz.de/10011228296
For a given technology, two ways are available to achieve low polluting emissions: reducing production per capita or reducing population size. This paper insists on the tension between the former and the latter. Controlling pollution either through Pigovian taxes or through tradable quotas...
Persistent link: https://www.econbiz.de/10010610468
The Ramsey model of economic growth is revisited from the point of view of viability. A viable state is a state from which there exists at least one tra jectory that remains in the set of constraints of minimal consumption and positive wealth. Viability is presented with a constraint of minimal...
Persistent link: https://www.econbiz.de/10008550159
Persistent link: https://www.econbiz.de/10008550183
Persistent link: https://www.econbiz.de/10008550208
In this paper, we study the implications of assuming different technologies for physical capital accumulation and consumption. More precisely, we assume that physical capital accumulation is relatively more energy-intensive than consumption. We conclude that this hypothesis, together with the...
Persistent link: https://www.econbiz.de/10005008218
The special functions are intensively used in mathematical physics to solve differential systems. We argue that their use should be most useful in economic dynamics, notably in the assessment of the transition dynamics of endogenous growth models. We illustrate our argument on the Lucas-Uzawa...
Persistent link: https://www.econbiz.de/10005008230
Corruption is thought to prevent poor countries from catching-up. We analyze one channel through which corruption hampers growth: public investment can be distorted in favor of specific types of spending for which rent-seeking is easier and better concealed. To study this distortion, we propose...
Persistent link: https://www.econbiz.de/10005008244