Showing 1 - 10 of 81
Per capita incomes across European regions are not equal and do not stay constant; regional income distributions uctuate over time. Such a process could have many possible limiting outcomes: complete equal- ity (convergence), stratication, and continually increasing inequality are but three...
Persistent link: https://www.econbiz.de/10010884518
This paper analyzes the welfare benefits from falling relative prices of IT (information technology) goods across a wide range of countries. We find, using two separate methodologies and datasets, that welfare benefits mainly accrue to users of IT, not their producers, because of falling...
Persistent link: https://www.econbiz.de/10010746377
industry-level data. R&D affects both innovation and the assimilation of others’ discoveries (‘absorptive capacity’). Long …
Persistent link: https://www.econbiz.de/10010884730
Economies at early stages of development are often shaken by abrupt changes in growth rates, whereas in advanced economies growth rates tend to be relatively stable. To explain this pattern, we propose a theory of technological diversification. Production makes use of different input varieties,...
Persistent link: https://www.econbiz.de/10010928680
Two issues related to mapping a multi-sector model into a reduced-form value-added model are often neglected: the composition of intermediate goods, and the distinction between value added productivity and gross output productivity. We demonstrate their quantitative significance for the case of...
Persistent link: https://www.econbiz.de/10010745978
creativity. Markets for intellectual assets protected by IP rights can produce too much or too little innovation. …
Persistent link: https://www.econbiz.de/10010884530
efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …
Persistent link: https://www.econbiz.de/10010746188
Ethnic inventors play important roles in US innovation systems, especially in high-tech regions like Silicon Valley. Do … ‘ethnicity-innovation’ channels exist elsewhere? This paper investigates, using a new panel of UK patents microdata. In theory …, ethnicity might affect positively innovation via ‘star’ migrants, network externalities from co-ethnic groups, or production …
Persistent link: https://www.econbiz.de/10011126072
effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …
Persistent link: https://www.econbiz.de/10010928789
We analyse self-reported measures of satisfaction with life in a transition country, Kyrgyzstan, using 1993 household survey data. We test whether higher levels of satisfaction are associated with greater economic well-being. This hypothesis is strongly supported by the data. Unhappiness is...
Persistent link: https://www.econbiz.de/10010744878