Showing 1 - 10 of 13
model which suggests that improvements in ICT will increase the dispersion of economic activity across cities making city …
Persistent link: https://www.econbiz.de/10005016791
structural changes over the same period such as increased globalisation and usageof ICT. I argue that the increase might equally … positive correlation between ICT and net entry share - a main result of earlier studies- becomes more significant. …
Persistent link: https://www.econbiz.de/10005150982
Studies of firm-level data have shown that there is a huge dispersion of productivity across firms even when industries are narrowly defined. So there is a significant opportunity for the least productive firms to catch up to the most productive. The formers' convergence could therefore...
Persistent link: https://www.econbiz.de/10005256474
How big a boost to long run growth can countries expect from the ICT revolution? I use the results of growth accounting …-sector model is required because of the very rapid rate at which the prices of ICT products have fallen in the past and are … expected to fall in the future. According to the two-sector model, the main boost to growth comes from ICT use, not ICT …
Persistent link: https://www.econbiz.de/10009643553
We use a new industry-level dataset to quantify the role of ICT in explaining productivity growth in the UK, 1970 … that ICT capital played an increasingly important, and in the 1990s the dominant, role in accounting for labour … productivity growth in the market sector. Econometric evidence also supports an important role for ICT. We also find econometric …
Persistent link: https://www.econbiz.de/10005796123
productivity. The "Solow Paradox" of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth … estimates suggest a much larger impact of ICT on productivity than would be expected from the standard neoclassical model that …
Persistent link: https://www.econbiz.de/10005510438
Higher ability workers benefit more from bigger cities while housing costs there are higher for everyone, and yet there is little sorting on ability. A possible explanation is that young individuals have an imperfect assessment of their ability, and, when they learn about it, early decisions...
Persistent link: https://www.econbiz.de/10010945136
A simple model of process innovation is proposed, where firms learn about their ideal production process by making prototypes. We build around this a dynamic general equilibrium model, and derive conditions under which diversified and specialised cities coexist. New products are developed in...
Persistent link: https://www.econbiz.de/10005016845
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10005151064
innovation is that we also have direct data on the sources of learning (in this case about new technologies). Controlling for … they learnt from buyers (relative to learning from other sources). Second, firms who had learned from buyers (more than … for the learning-by-exporting hypothesis. …
Persistent link: https://www.econbiz.de/10005151073