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inventors are more prevalent in the first bulk of patents of a country in a given technology, as compared to patents filed at … later stages. We interpret these results as tangible evidence of migrants facilitating the technology-specific diffusion of …
Persistent link: https://www.econbiz.de/10012026463
This paper studies the origins and consequences of international technology gaps. I develop an endogenous growth model … where R&D efficiency varies across countries and productivity differences emerge from firm-level technology investments. The … theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries …
Persistent link: https://www.econbiz.de/10012029168
Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and the creation of new ones, as well as the reallocation of labor across occupations and industries. These processes have been costly to individual workers, but labor demand has...
Persistent link: https://www.econbiz.de/10012206073
Motivated by the world-wide surge of FinTech lending, we analyze the implications of lenders' information technology …-performing loans during the crisis. Our results suggest that technology adoption in lending can enhance financial stability through the …
Persistent link: https://www.econbiz.de/10012158713
For sufficiently low abatement costs many countries might undertake significant emission reductions even without any international agreement on emission reductions. We consider a situation where a coalition of countries does not cooperate on emission reductions but cooperates on the development...
Persistent link: https://www.econbiz.de/10010246011
firms. We find that the relationship between technological innovations and job insecurity is moderated by firms' technology …
Persistent link: https://www.econbiz.de/10014391309
This paper provides empirical evidence on the complex role played by technology in affecting the relationship between … technology is analysed by taking into account both the technological intensity of offshoring industries and that of their GVC …
Persistent link: https://www.econbiz.de/10012692280
that if the technology is already advanced and competition intensifies then firms wouldn’t innovate. The dynamic … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …
Persistent link: https://www.econbiz.de/10012263851
valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when … technology improves. We find that there can be a U-shaped transition dynamic, so that an initial boom in share price is followed … by a temporary fall in share price even though the underlying technology is improving. …
Persistent link: https://www.econbiz.de/10011408812
effects of entry-year electricity prices on subsequent energy intensity. We discuss how this "technology lock-in" increases …
Persistent link: https://www.econbiz.de/10013202425