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Modularity: the foundations of an architect firm? (In French)
FRIGANT - EconWPA - 2004
production implies a reorganization of the firms and industries more generally. The modularity appears as a technological … condition allowing to generate a fundamental reorganization of the firms leading to a managerial revolution: the architect firm …. If the first part of this article attempts to clarify the mechanisms which justify the advent of these architect firms …
Persistent link: https://www.econbiz.de/10005412970
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Recognizing Investment Opportunities at the Onset of Recoveries
Fioretti, Guido - EconWPA - 2002
Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in … order to model investments in novel fields of economic activity, that according to this model are carried out when firms …
Persistent link: https://www.econbiz.de/10005076670
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Sex, Equality, and Growth (in that order)
Lagerlof, Nils-Petter - EconWPA - 2002
We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into an advanced and despotic early civilization, and finally into a more egalitarian industrial society. Agents are either landowners or landless; both earn income from human...
Persistent link: https://www.econbiz.de/10005076730
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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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A Model of Primary and Secondary Waves in Investment Cycles
Fioretti, Guido - EconWPA - 2002
Schumpeter maintained that oscillations of macroeconomic variables are only the "secondary wave" of business cycles, a reflex of more fundamental "primary waves" at the microeconomic level caused by the innovative activity of entrepreneurs. Uniting Schumpeter's concern for innovation with...
Persistent link: https://www.econbiz.de/10005077089
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The Roads To and From Serfdom
Lagerlof, Nils-Petter - EconWPA - 2002
The institution of slavery displays a puzzling historical pattern: it is found mostly at intermediate stages of agricultural development, in horticultural societies, and less frequently among hunter-gatherers and societies at more advanced agrarian stages. We explain this rise-and- fall pattern...
Persistent link: https://www.econbiz.de/10005125014
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Is Schumpeterian "Creative Destruction" a Plausible Source of Endogenous Real Business Cycle Shocks?
Phillips, Kerk L.; Wrase, Jeff - EconWPA - 2003
This paper looks at the linkages between growth and business cycles by bringing together two strands of literature. We incorporate a quality ladders engine of growth into an otherwise standard real business cycle model. Our fundamental question is, can Schumpeter’s creative destruction process...
Persistent link: https://www.econbiz.de/10005125621
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The Roads To and From Serfdom
Lagerlof, Nils-Petter - EconWPA - 2002
The institution of slavery displays a puzzling historical pattern: it is found mostly at intermediate stages of agricultural development, in horticultural societies, and less frequently among hunter-gatherers and societies at more advanced agrarian stages. We explain this rise-and- fall pattern...
Persistent link: https://www.econbiz.de/10005125652
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A Proposal to Promote Local Competition: The LoopCo Plan
Morris, Roy - EconWPA - 1998
The LoopCo Plan, which uses market mechanisms to promote competition, is the best approach to restructuring the telecommunications market, say its proponents, who object to the requirements and to-date implementation of the Telecommunications Act of l996. The local-loop's spin-off 's consumer...
Persistent link: https://www.econbiz.de/10005126025
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Long-Run Economic Growth: An Interdisciplinary Approach
Kibritcioglu, Aykut; Dibooglu, Selahattin - EconWPA - 2001
Economic growth and development is a complicated process that falls into the domain of many disciplines in social sciences and humanities. It is natural then to study fundamental aspects of economic growth synthesizing research in relevant fields. In this short paper, we argue that this has...
Persistent link: https://www.econbiz.de/10005126120