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Wants and Past Knowledge: Growth Cycles with Emerging Industries
Horii, Ryo - EconWPA - 2005
satisfy an indefinite range of wants and firms' incentive to utilize knowledge from past production experiences. We show that …' unsatisfied wants and attract large demand. Thus, sporadic emergence of new industries generates growth cycles, where both the …This paper develops a theory of endogenous growth cycles focusing on the interaction between consumers' desire to …
Persistent link: https://www.econbiz.de/10005407691
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Heroic Plants: Persistently Rapid Job Creators in the Longitudinal Research Database - Their Distinguishing Characteristics and Contribution to Employment Growth
Musick, Nathan - EconWPA - 1998
Heroic Plant research shows that persistently-rapid job creation by a select group of plants can be an important source of overall employment growth in manufacturing. Establishments in SICs 34 - 38 whose residual growth (after controlling for differences in plant age, size, industry, etc.) ranks...
Persistent link: https://www.econbiz.de/10005412952
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A Theory of Technology Diffusion
Mukoyama, Toshihiko - EconWPA - 2003
What determines the speed of the technology diffusion? What are the consequences of diffusion? This paper presents a model to address these questions. Skilled machine-users adopt a new technology first, while unskilled users wait until machines become more reliable and accessible. The quality...
Persistent link: https://www.econbiz.de/10005126129
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Innovation, Market Structure and Economic Growth
Palma, Nuno Pedro Gonçalves - EconWPA - 2004
This paper presents a dynamic partial equilibrium model that endogenizes firms' investment decision on innovation: product innovation causes horizontal expansion growth, and process innovation causes vertical expansion growth. Market structure in different markets emerges as a consequence of...
Persistent link: https://www.econbiz.de/10005134434
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Innovation height, spillovers and TFP growth at the firm level: Evidence from French manufacturing
Emmanuel, DUGUET - EconWPA - 2004
We examine the contribution of incremental and radical innovations to total factor productivity (TFP) growth at the firm level. The first part of our analysis is dedicated to the determinants of innovation and reveals two different innovation regimes. On the one hand, radical innovations rely...
Persistent link: https://www.econbiz.de/10005407643
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Economic Growth and the Financial Economics of Capital Accumulation under Shifting Technological Change
Amavilah, Voxi Heinrich S; Newcomb, Richard T. - EconWPA - 2004
This paper develops a simple and practical framework for characterizing (long-run) economic growth and fluid capital accumulation under shifting technological change. The framework specifies a technological change that depends on exogenous and endogenous factors as well as the interaction...
Persistent link: https://www.econbiz.de/10005408266
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Human Capital Composition, R&D and the Increasing Role of Services
Sequeira, Tiago; Reis, Ana Balcão - EconWPA - 2004
A growth model with endogenous innovation and accumulation of high-tech and low- tech human capital is developed. The model accounts for a recently established fact about human capital composition, which stated that \the richest countries are investing proportionally less than middle income...
Persistent link: https://www.econbiz.de/10005118667
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Patterns of Advanced Technology Adoption and Manufacturing Performance: Employment Growth, Labor Productivity, and Employee Earnings
Beede, David N.; Young, Kan H. - EconWPA - 1996
Previous studies of the relationship between technology adoption and performance in U.S. manufacturing plants take the number of technologies in use as a measure of technological sophistication. These studies generally find a positive monotonic relationship between technology counts and...
Persistent link: https://www.econbiz.de/10005118843
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SOCIO-ECONOMIC IMPLICATIONS OF COMBRAINS
DR.VSR.SUBRAMANIAM - EconWPA - 2005
Human brain has invented the Computer&upgraded it to a level of Combrains. With Artificial Chemical Memory, these may grow to function as independent Iintellects, Master/Sponsor representatives and self- decision workers with autonomy&supreme capability. Like any human society learn and function...
Persistent link: https://www.econbiz.de/10005118844
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Export variety and economic growth in East European transition economies
Funke, Michael; Ruhwedel, Ralf - EconWPA - 2003
Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...
Persistent link: https://www.econbiz.de/10005561365