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The Measurement of Growth under Embodied Technical Change

LICANDRO, Omar; RUIZ-CASTILLO, Javier; DURAN, Jorge - Institut de Recherche Économique et Sociale (IRES), … - 2002

the modem theory of economic growth. Among these new facts, two must be stressed : A permanent decline in the relative …, the economic theory of index numbers is used to define the growth rate of real output in a growth model with embodied … technical change. The main findings are : (i) NIPA's methodology measures growth in accordance with the economic theory on index …

Persistent link: https://www.econbiz.de/10004985448

Les coûts d’ajustement croisés et le cycle de productivité : évaluation dans un modèle de cycles réels

FAIRISE, Xavier - Institut de Recherche Économique et Sociale (IRES), … - 1995

Dans le but d'analyser le cycle de productivité de l'emploi, cet article présente un modèle de cycles réels avec coûts d'ajustement croisés sur l'investissement et le travail. Le modèle est simulé et confronté aux faits stylisés du marché du travail. Nous évaluons plus...

Persistent link: https://www.econbiz.de/10008505516

Labour market characteristics and the burden of ageing : North America versus Europe

Luca, MARCHIORI - Institut de Recherche Économique et Sociale (IRES), … - 2008

A transition from pay-as-you-go pension systems to more private funded systems is often suggested as a solution to finance pension systems threatened by ageing. This paper analyses alternative potential remedies linked to changes in labour market characteristics, within an international...

Persistent link: https://www.econbiz.de/10004984737

The Impact of Technical Barriers to Trade on Home Bias : An application to EU data

VANCAUTEREN, Mark - Institut de Recherche Économique et Sociale (IRES), … - 2002

The purpose of this paper is trying to estimate the impact of technical barriers to trade on bilateral trade flows of individual EU countries and to evaluate the downward impact of national border on trade flows (home bias). Here we try and identify the effect of technical barriers to trade on...

Persistent link: https://www.econbiz.de/10004985075

Ethnic conflict, power dynamics and growth

PECHER, Pierre - Institut de Recherche Économique et Sociale (IRES), … - 2013

I construct a successive generations model of appropriative competition between ethnicities where de facto power puts an upper-bound on the consumption of each clan. My aim is to derive the implications of the structure of the ethnic and political divisions in terms of economic prosperity. I...

Persistent link: https://www.econbiz.de/10010752676

Open loop and feedback solutions to an institutional game under non-quadratic preferences

NGENDAKURIYO, Fabien - Institut de Recherche Économique et Sociale (IRES), … - 2010

Until now most research in dynamic games focus on models with quadratic objective functions because of practical considerations. But in reality, all problems are not quadratic. In this paper, we solve a differential game where players have non-quadratic preferences. In particular we consider an...

Persistent link: https://www.econbiz.de/10008751414

Diaspora Externalities and Technology Diffusion

Elisabetta, LODIGIANI - Institut de Recherche Économique et Sociale (IRES), … - 2008

The aim of this paper is to highlight the positive and important role that skilled migration can have on TFP growth in the sendind countries, when diaspora effects in technology diffusion are introduced. To investigate our issue, we start from a previous paper by Vandenbussche, Aghion and Costa...

Persistent link: https://www.econbiz.de/10004984732

Technological opportunity, long-run growth and convergence

Jakub, GROWIEC; Ingmar, SCHUMACHER - Institut de Recherche Économique et Sociale (IRES), … - 2007

We derive an R&D-based semi-endogenous growth model where technological progress depends on the available amount of technological opportunity. Incremental innovations provide direct increases in the knowledge stock but they reduce technological opportunity and thus the potential for further...

Persistent link: https://www.econbiz.de/10004984749

Rent-Seeking Bureaucracies in a Schumpeterian Endogenous Growth Model : Effects on Human Capital Accumulation, Inequality and Growth

Luca, SPINESI - Institut de Recherche Économique et Sociale (IRES), … - 2005

Some empirical works from the nineties have shown the existence of a negative relationship between inequality and growth. In this paper I show that the inefficiency of the Public Sector due to agency problems can be a new element that must e considered to explain the negative empirical...

Persistent link: https://www.econbiz.de/10004984831

On Technical Change in the Elasticities of Resource Inputs

Jakub, GROWIEC; Ingmar, SCHUMACHER - Institut de Recherche Économique et Sociale (IRES), … - 2006

This article considers an economy whose production function takes both renewable and non-renewable resources as inputs. We extend the current literature by allowing for exogneous technical change in the elasticity of subsstitution between these two types of resources. In addition, we study the...

Persistent link: https://www.econbiz.de/10004984902