Showing 1 - 10 of 43
Le but de cet article est de montrer que le mécanisme de sélection naturelle des firmes peut entraver la croissance de la productivité agrégée de l’économie, et ce, contrairement aux résultats suggérés par la littérature théorique existante. Cette dernière considère que le...
Persistent link: https://www.econbiz.de/10011074983
This paper introduces multi-quality firms within a Schumpeterian framework. Featuring non-homothetic preferences and income disparities in an otherwise standard quality-ladder model, I indeed show that the resulting differences in the willingness to pay for quality among consumers generate both...
Persistent link: https://www.econbiz.de/10010617991
We introduce an AK spatial growth model with a general geographical structure. The dynamics of the economy is described by a partial differential equation on a Riemannian manifold. The morphology interacts with the spatial dynamics of the capital and is one determinant of the qualitative...
Persistent link: https://www.econbiz.de/10010779580
Our paper presents a new rationale for innovation by incumbents. We show that the possibility to price-discriminate between consumers having different levels of wealth is a sufficient incentive for the industry leader to overcome the Arrow (1962) effect and keep investing in R&D, even in the...
Persistent link: https://www.econbiz.de/10008505487
This paper examines the dynamics of the skill supply and its incidence on economic growth in the presence of education policies. When there are indivisibilities in the financing of human capital, small differences in the initial distribution of skills may greatly affect the stationary...
Persistent link: https://www.econbiz.de/10004985356
Une grande partie des politiques de développement repose sur l'envoi de transferts aux économies connaissant des difficultés de développement. Si ces aides semblent favorables au bien être des agents, leurs effets sur la croissance de long terme des économies restent ambigus ou parfois...
Persistent link: https://www.econbiz.de/10004985418
Nous présentons dans cet article un modèle à générations imbriquées avec capital humain qui permet de rendre compte de la diversité des systèmes publics de retraite par répartition. Notamment, ce modèle intègre la possibilité que les droits à pension d'une personne soient calculés...
Persistent link: https://www.econbiz.de/10004985481
L’objet de cet article est d’analyser l’effet de la corruption sur la mobilisation des recettes publiques. Une analyse économétrique sur données de panel (125 pays et couvrant la période 1980-2002) permet de ne pas rejeter l’hypothèse d’un effet négatif de la corruption sur les...
Persistent link: https://www.econbiz.de/10009493529
Dixit’s 1975 paper ‘Welfare Effects of Tax and Price Changes’ cosntitutes a seminal contribution to the theory of tax reform analysis within a second-best general equilibrium framework. The present paper clarifies ambiguities with respect to normalisation which have led to...
Persistent link: https://www.econbiz.de/10004984753
The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm complete in quantities with a welfare-maximizing public firm. We consider two inefficiencies of the public sector : a possible cost inefficiency and an allocative inefficiency due to...
Persistent link: https://www.econbiz.de/10004984848