Showing 1 - 10 of 1,476
on the international distribution of technology. It focuses on long-term investment flows, as these are more affected by … context of various technology specifications, ranging from models with only one common technology to those with multiple and … endogenous technologies. The paper demonstrates that the theoretical specification of technology is crucial to the prediction of …
Persistent link: https://www.econbiz.de/10014401018
This paper studies the welfare consequences of a government regulation that forces a patented equipment to be supplied by a number of independent producers. On the one hand, such a regulation hurts the value of a patent and therefore reduces activities in the R&D sector. On the other hand, the...
Persistent link: https://www.econbiz.de/10014399731
&D), which are endogenized through financial institutions. The theory and its results shed lights on the debate of convergence …
Persistent link: https://www.econbiz.de/10014403467
This paper extends Grossman and Helpman’s seminal work (1991), and presents an endogenous growth model where innovations created in a high-tech sector may be assimilated or adapted by a low-tech sector. Applying a simple Heckscher-Ohlin framework, the effects of technological diffusion are...
Persistent link: https://www.econbiz.de/10014403519
skill supply affect the extent to which technology adoption in developing countries favors skilled workers. Developing … cheaper. Increased skill supply further biases technical change in favor of skilled labor. Free trade induces technology that …
Persistent link: https://www.econbiz.de/10014395381
This paper examines how endogenizing technological progress in a multicountry macroeconometric model affects the analysis of fiscal policies. It uses an expanded version of the IMF’s multicountry model, MULTIMOD, in which total factor productivity (TFP) is endogenized as a function of domestic...
Persistent link: https://www.econbiz.de/10014403417
In short, yes. I use a multi-region integrated assessment model with fuel-specific endogenous technical change to examine the impact of Europe and China reducing emissions to zero by mid-century. Without international technological diffusion this is insufficient to avoid catastrophic climate...
Persistent link: https://www.econbiz.de/10012610702
story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn …
Persistent link: https://www.econbiz.de/10012010001
decouple via 'preferential attachment' - id est by aligning themselves with the hub they trade most with. All global technology …
Persistent link: https://www.econbiz.de/10012518889
The benefits from financial development are known to vary across industries. However, no systematic effort has been made to determine the technological characteristics that are shared by industries that tend to grow relatively faster in more financially developed countries. This paper explores a...
Persistent link: https://www.econbiz.de/10014401818