Showing 1 - 10 of 34
productivity (TFP) from growth accounting and on aspects of social capability that are conducive to the effective assimilation of … productivity. Incentive structures matter greatly for the adoption of new technology but social capability is not independent of …
Persistent link: https://www.econbiz.de/10010758445
We consider a model in which appropriate organization fosters innovation, but because of contractibility problems, this bene t cannot be internalized. The organizational design element we focus on is the division of labor, which as Adam Smith argued, facilitates invention by observers of the...
Persistent link: https://www.econbiz.de/10010758453
This paper considers the future of economic history in the context of its relationship with economics. It is argued that there are strong synergies between the two disciplines and that awareness of the economic past is an important resource for today’s economists. Examples are given that...
Persistent link: https://www.econbiz.de/10010758511
This paper analyses firms’ behaviour towards compatibility and the relation of these decisions with their incentives to invest into improving their durable, network goods. By using a sequential game where the dominant firm plays first, we give its competitor the ability to build on innovations...
Persistent link: https://www.econbiz.de/10011144229
Persistent link: https://www.econbiz.de/10005368618
In this paper we explore the demand for consumer technologies that involve joint inputs in the generation of the service flow. An intertemporal model is used in the analysis. The impact of hardware and software prices on hardware and software demand as well as the impact of changes in the size...
Persistent link: https://www.econbiz.de/10005583092
We investigate whether and how the type of unemployment benefit institution affects productivity. We designed a field … experiment to compare workers' productivity under a welfare system, where the unemployed receive an unconditional monetary … transfer, with their productivity under a workfare system, where the transfer is received conditional on the unemployed …
Persistent link: https://www.econbiz.de/10011261911
lower productivity. Second, within the laboratory, we design two randomized controlled trials. Some individuals are … deliberately made happier, while those in a control group are not. The treated individuals have 10-12% greater productivity than …
Persistent link: https://www.econbiz.de/10010758461
This paper reviews selected aspects of the history of UK supply-side policy in terms of their productivity implications …. An important change after the 1970s which improved productivity performance was the adoption of policies to end …
Persistent link: https://www.econbiz.de/10010758473
This paper examines the role of competition in productivity performance in Britain over the period from the late … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in … ending relative economic decline. The productivity implications of the retreat from competition resulted in large part from …
Persistent link: https://www.econbiz.de/10010758492