Showing 1 - 10 of 330
Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of … de-industrialization (Brazil, Russia and South Africa). China is the only country where an expanding manufacturing sector … China and the other BRICS. These differences are down to differences in industrial policy: in China industrial policy …
Persistent link: https://www.econbiz.de/10010884080
income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese …Intangible knowledge capital (IKC) – technology produced by workers but not embodied in them – can offset the "middle … China's IKC generates patents in China, but fewer than in major industrialized economies. Among domestically owned …
Persistent link: https://www.econbiz.de/10010721628
and a unique rate of diffusion throughout the world. Suppose too that initially all countries are fairly closely bunched … together on each variable in fairly similar circumstances. Suppose, finally, that the geographic pattern of diffusion is the …
Persistent link: https://www.econbiz.de/10010638878
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
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
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10005822664
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure … the major forces behind the evolving wage structure in China. …
Persistent link: https://www.econbiz.de/10011279366
This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs the important role of other institutions such as country-level business registry...
Persistent link: https://www.econbiz.de/10008455552
research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …
Persistent link: https://www.econbiz.de/10010556213
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....
Persistent link: https://www.econbiz.de/10010670827