Showing 1 - 10 of 102
and innovation, trying to map – using the taxonomies put forward by the innovation literature – the concrete ways through … involved into globalized markets where domestic innovation has to be complemented by the role played by international … technological transfer. Among the ways how a middle income country can foster domestic innovation and structural change in terms of …
Persistent link: https://www.econbiz.de/10010884188
We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...
Persistent link: https://www.econbiz.de/10005566639
In EU countries, opening up of telecommunications markets and regulations have helped to reduce the price of digital … services which is an important quasi-input factor in all firms. Integrating the use of telecommunications in a macroeconomic … production function is the analytical starting point for our interdependent analysis of output, use of telecommunications and …
Persistent link: https://www.econbiz.de/10005233868
It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality … telecommunications services and find it to be much smaller in cellular telephony than in the others. By evaluating the importance of … offer policy implications for alleviating differences between countries in international telecommunications development. …
Persistent link: https://www.econbiz.de/10005703017
with the best access to local telecommunications infrastructures. These same attributes have been associated with rising …
Persistent link: https://www.econbiz.de/10005566404
Recent research has documented a U-shaped industrial concentration curve over an economy's development path. How far can neoclassical trade theory take us in explaining this pattern? We estimate the production side of the Heckscher-Ohlin model using industry data on 44 developed and developing...
Persistent link: https://www.econbiz.de/10010959660
Recent work has documented declines in the labor income share in the United States and beyond. This paper documents that these trends differ between manufacturing and services in the U.S. and in a broad set of other industrialized economies, and shows that a model where the degree of...
Persistent link: https://www.econbiz.de/10011214035
There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes in the sectoral allocation of resources, consistent with the Kuznets facts. Although variations in the income elasticity of demand...
Persistent link: https://www.econbiz.de/10011214040
This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting structural change that is arguably needed to put the economy back into the right track. For this purpose we calibrate a model with different equilibria descriptive of the labor...
Persistent link: https://www.econbiz.de/10011250613
France posted remarkable gains in employment in the second half of the 1990s, suggesting that, beyond cyclical factors, structural unemployment may have changed in the period. We provide a novel methodology to separate structural from cyclical labor market changes and apply it to French...
Persistent link: https://www.econbiz.de/10005233805