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Sigma Convergence versus Beta Convergence: Evidence from U.S. County-Level Data

Young, Andrew; Higgins, Matthew; Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2007

In this paper we outline (i) why sigma-convergence may not accompany beta-convergence, (ii) discuss evidence of beta-convergence in the U.S., and (iii) use U.S. county-level data containing over 3,000 cross-sectional observations to demonstrate that sigma-convergence cannot be detected at the...

Persistent link: https://www.econbiz.de/10005623539

Product versus Process: Innovation Strategies of Multi-Product Firms

Flach, Lisandra; Irlacher, Michael - Volkswirtschaftliche Fakultät, … - 2014

This paper studies the innovation strategies of multi-product firms in industries with different scope for product … differentiation. In a simple model of multi-product firms, we show that returns to product versus process innovation are industry …-specific. Demand and cost linkages induce a natural distinction between the returns to product and process innovation. In highly …

Persistent link: https://www.econbiz.de/10010897327

Improving Distributed Intelligence in Complex Innovation Systems

Kuhlmann, Stefan; Boekholt, Patries; Georghiou, Luke; … - Volkswirtschaftliche Fakultät, … - 1999

industrial innovation, while innovation is conceived to basically feed the regeneration of our welfare. The suppliers of S&T in …

Persistent link: https://www.econbiz.de/10005835616

Innovations and Economic Growth in a Fast Changing Global Economy: Comparative Experience of Asian Countries

Singh, Lakhwinder - Volkswirtschaftliche Fakultät, … - 2006

of the innovation system. Since the national economies are growing in the interdependent world, therefore national … innovation system is continuously being influenced by the changes occurring in other parts of the world. Transformation of East … in the national innovation system is the fundamental determinant of long-run economic growth and development. This is …

Persistent link: https://www.econbiz.de/10005616771

A Comparison of GDP growth of European countries during 2008-2012 period from regional and other perspectives

Mazurek, Jiri - Volkswirtschaftliche Fakultät, … - 2013

The aim of the article is to compare total real GDP growth of European countries from the 3rd quarter of 2008 to the 3rd quarter of 2012, that is the period from the start of the Great recession in European Union to the present day. This period is characterized by a predominant economic...

Persistent link: https://www.econbiz.de/10011261053

An endogenous growth model with quality ladders and consumers’ heterogeneity

Marasco, Antonio - Volkswirtschaftliche Fakultät, … - 2002

This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is modelled through non homothetic preferences. We show that in such a model, unlike mainstream quality ladders models, the steady state equilibrium is characterised by a duopoly were...

Persistent link: https://www.econbiz.de/10005837179

Crescimento Econômico E Distribuição De Renda: Uma Análise A Partir Das Estruturas Econômicas Do Brasil Contemporâneo

Almeida, L O.; Guilhoto, J. J. M. - Volkswirtschaftliche Fakultät, … - 2006

The aim of this paper is to investigate the dichotomy between economic growth and income distribution in Brazilian economy. Through input output model shocks in exogenous demand of each industry were simulated to determine which one contributes to economic growth and diminishment of Gini income...

Persistent link: https://www.econbiz.de/10011108587

The return of “patrimonial capitalism”: review of Thomas Piketty’s Capital in the 21st century

Milanovic, Branko - Volkswirtschaftliche Fakultät, … - 2013

Thomas Piketty's "Capital in the 21st century" may be one of the most important recent economics books. It jointly treats theory of growth, functional distribution of income, and interpersonal income inequality. It envisages a future of relatively slow growth with the rising share of capital...

Persistent link: https://www.econbiz.de/10011257954

La demanda agregada y la distribución del ingreso: Un estudio a partir de los modelos de crecimiento kaleckianos

Loaiza Quintero, O.L. - Volkswirtschaftliche Fakultät, … - 2011

The aim of this paper is to study the mechanisms through which aggregate demand and income distribution affect the rate of growth, in a post-keynesian framework rooted in the works of Michal Kalecki. Thus, this paper addresses some issues that are put aside by neoclassical theory, which focuses...

Persistent link: https://www.econbiz.de/10011259165

Redefining the Economical Power of Nations

Kiss, Christian - Volkswirtschaftliche Fakultät, … - 2013

This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the GDP that is long term fro-zen up by social transfers...

Persistent link: https://www.econbiz.de/10011259539