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political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over …, the less she will tax and devote resources to the environment, preferring to support growth. …
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growth. This paper analyses the innovation-productivity relationship at the industry-level for a sample of OECD manufacturing …Several recent policy and academic contributions consider that liberalising product markets would foster innovation and … and for a given time period. Contrary to the most widespread policy claims, the innovation-boosting effects of …
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This paper reformulates the finance-growth nexus in the case of developing countries. Using the Neoclassical growth … framework, our contribution is threefold. First, we show that entrepreneurship is a growth-enhancing factor in both financial …
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Restructuring practices belong to today's organizational life. Even if the phenomenon is not new it significantly … decisions. Much debated in popular medias, restructuring issues have been also inspiring scholars from various fields (sociology … hardly contributed in understanding the deep complexity and the multiple hidden dimensions of restructuring situations. We …
Persistent link: https://www.econbiz.de/10010679658
As we show using the notion of equilibrium in the theory of infinite sequential games, bubbles and escalations are rational for economic and environmental agents, who believe in an infinite world. This goes against a vision of a self regulating, wise and pacific economy in equilibrium. In other...
Persistent link: https://www.econbiz.de/10010821122