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Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Institute for the Study of Labor (IZA) - 2009
We prove that the change in welfare of a representative consumer is summarized by the current and expected future … while taking prices parametrically. This result justifies TFP as the right summary measure of welfare (even in situations … where it does not properly measure technology) and makes it possible to calculate the contributions of disaggregated units …
Persistent link: https://www.econbiz.de/10008514853
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Industrialization Lessons from BRICS: A Comparative Analysis
Naudé, Wim; Szirmai, Adam; Lavopa, Alejandro - Institute for the Study of Labor (IZA) - 2013
To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the...
Persistent link: https://www.econbiz.de/10010884080
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Policy Gaps for Promoting Green Grassroots Innovations and Traditional Knowledge in Developing Countries: Learning from Indian Experience
Gupta, Anil. K - eSocialSciences - 2013
sustainable innovation Eco-system have been identified. The concept of National Innovation System [NIS], which ignored the … for changing the mindset and creating a new set of institutional conditions to promote creativity and innovation at …
Persistent link: https://www.econbiz.de/10010945496
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Innovation, Employment and Skills in Advanced and Developing Countries: A Survey of the Literature
Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2012
This paper critically discusses the theoretical and empirical literature on the quantitative and qualitative employment impact of technological change, compares the relative explanatory power of the competing theories, and explains in detail the macro and micro evidence on the issue, with...
Persistent link: https://www.econbiz.de/10009646305
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Recent Financial Market Developments and Implications for Monetary Policy
Mohan, Rakesh - eSocialSciences - 2007
The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and characterized the recent spate of events, the specific responses of central banks and some challenges...
Persistent link: https://www.econbiz.de/10005528200
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The Radical Innovation Investment Decision Refined
Bilkic, Natasa; Gries, Thomas; Naudé, Wim - Institute for the Study of Labor (IZA) - 2013
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …
Persistent link: https://www.econbiz.de/10010791525
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India as a Global Leader in Science: A Vision for India
PM, Science Advisory Council to PM SAC to - eSocialSciences - 2010
In the next two decades, India is likely to become an economically prosperous nation and move significantly towards being a far more inclusive society, with the bulk of its population gaining access to facilities for education and health care and living a life with hope and security. To realize...
Persistent link: https://www.econbiz.de/10008673468
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Intra- and Inter-national University-Industry Linkage and Innovation in Emerging Economies: Evidence from China
Fu, Xiaolan; Li, Jizhen; Hughes, Alan - eSocialSciences - 2012
The different role of intra- and inter-national university-industry collaboration in industrial innovation in emerging … universities have played a significant role in the promotion of the diffusion of advanced technology and the creation of new to the … country or firm innovation outcomes in China. [FGKS]. URL:[http://www.fgks.in/IndexServer/tifac/article/157.pdf]. …
Persistent link: https://www.econbiz.de/10010567997
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Do Business Groups Help or Hinder Technological Progress in Emerging Markets? Evidence from India
Bhaumik, Sumon K.; Zhou, Ying - Institute for the Study of Labor (IZA) - 2014
Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
Persistent link: https://www.econbiz.de/10010884118
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Top Team Diversity and Business Performance: Latent Class Analysis for Firms and Cities
Nathan, Max - Institute for the Study of Labor (IZA) - 2014
A growing number of studies find linkages between workforce diversity and business performance, but key aspects of this relationship remain unclear. First, within the firm, the role of 'top team' demography on firm outcomes is surprisingly little understood. Second, urban location may amplify...
Persistent link: https://www.econbiz.de/10010959751