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Space, Growth and Technology: an Integrated Dynamic Approach
Gomes, Orlando - EconWPA - 2004
Economic phenomena are interrelated. From a growth perspective, time analysis concerning the choices of present and future consumption and the choices between the allocation of scientific resources should be combined with a space analysis regarding the dissemination of economic activity through...
Persistent link: https://www.econbiz.de/10005124884
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The Optimal Control of Technology Choices
Gomes, Orlando - EconWPA - 2004
We may distinguish between two concepts of technology: a theoretical level of technology (that is, a technology … possibilities frontier) and a level of technology in practice (that is, ready to use in production technology). Having these two … the implementation of technology to productive uses. There is a trade-off between the two technology variables and we …
Persistent link: https://www.econbiz.de/10005408275
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Trade, Technology, and Plant Performance
Jensen, J. Bradford; Musick, Nathan - EconWPA - 1996
use advanced technology outperform other plants in a number of important ways: they increase their employment more rapidly …
Persistent link: https://www.econbiz.de/10005134406
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Is Public R&D a Complement or Substitute for Private R&D? A Review of the Econometric Evidence
David, Paul A.; Hall, Bronwyn H.; Toole, Andrew A. - EconWPA - 2000
Persistent link: https://www.econbiz.de/10005062402
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Embodied technical change in a two-sector AK model
Felbermayr, Gabriel J; Licandro, Omar - EconWPA - 2002
In this paper, we study a two-sector version of the AK model proposed by Rebelo (1991), where constant returns to capital are confined to the investment goods sector. We show that this setup, an endogenous growth extension to the model of Greenwood, Hercowitz, and Krusell (1997), reproduces...
Persistent link: https://www.econbiz.de/10005076755
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Intergenerational anonymity as an alternative to the discounted- sum criterion in the calculus of optimal growth I: Consensual optimality
Mabrouk, Mohamed - EconWPA - 2005
The objective of this work is to try to define and calculate the optimal growth path, in the presence of exogenous technical change, without resorting to the discounted-sum criterion. The solution suggested is to consider an optimality criterion expressing an anonymous intergenerational...
Persistent link: https://www.econbiz.de/10005062748
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Intergenerational anonymity as an alternative to the discounted- sum criterion in the calculus of optimal growth II: Pareto optimality and some economic interpretations
Mabrouk, Mohamed - EconWPA - 2005
This paper studies the Pareto-optimality of the consensual optimum established in 'Intergenerational anonymity as an alternative to the discounted-sum criterion I: consensual optimality'. For that, a Pareto- optimality criterion is set up by the application of the generalized Karush, Kuhn and...
Persistent link: https://www.econbiz.de/10005556724
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Stages of Growth in Economic Development
Kejak, Michal - EconWPA - 2001
The paper analyses a two-sector model of endogenous growth with two common features of economic development: stages of sustained growth and underdevelopment traps. The model also demonstrates the transitional issues of a temporary underdevelopment trap, seemingly sustainable growth, and a...
Persistent link: https://www.econbiz.de/10005407679
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Inequality-Driven Growth: Unveiling Aggregation Effects in Growth Equations
Albuquerque, Pedro H. - EconWPA - 2005
It is well known from nonlinear aggregation theory that distributions play a central role in the determination of aggregate relations. This paper establishes a bridge between the aggregation and the inequality and growth literature by applying a log-linear aggregation method to a simple...
Persistent link: https://www.econbiz.de/10005555988
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Income Distribution, Technical Change and the Dynamics of International Economic Integration
Landesmann, Michael A.; Stehrer, Robert - EconWPA - 2004
This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady- state properties and the transitory dynamics of integrated economies. Income...
Persistent link: https://www.econbiz.de/10005556460