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Welfare Analysis in a Schumpeterian Growth Model with Capital
Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10010262488
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Outsourcing and technological innovations: a firm-level analysis
Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2008
This paper presents a dynamic model that analyzes how firms' expectations with regards to technological change influence the demand for outsourcing. We show that outsourcing becomes more beneficial to the firm when technology is changing rapidly. As the pace of innovations in production...
Persistent link: https://www.econbiz.de/10010268654
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Outsourcing and technological change
Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2009
We present a dynamic model where the probability of outsourcing production is increasing in the firm's expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...
Persistent link: https://www.econbiz.de/10010269467
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The job creation effect of R&D expenditures
Bogliacino, Francesco; Vivarelli, Marco - 2010
In this study we use a unique database covering 25 manufacturing and service sectors for 16 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D...
Persistent link: https://www.econbiz.de/10010269701
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The Determinants of the Global Digital Divide : A Cross-Country Analysis of Computer and Internet Penetration
Chinn, Menzie D.; Fairlie, Robert W. - 2004
To identify the determinants of cross-country disparities in personal computer and Internet penetration, we examine a … significant in most specifications for computer use. A similar pattern holds true for Internet use, except that telephone density … differentials. For computers, telephone density and regulatory quality are of second and third importance, while for the Internet …
Persistent link: https://www.econbiz.de/10010262051
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Determinants of inter-country internet diffusion rates
Wunnava, Phanindra V.; Leiter, Daniel B. - 2008
This paper employs cross-sectional data from 100 countries to analyze the main determinants of inter-country Internet … diffusion rates. We set up an empirical model based on strong theoretical foundations, in which we regress Internet usage on … that economic strength, infrastructure and knowledge of the English language positively affect Internet connectivity. In …
Persistent link: https://www.econbiz.de/10010268626
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Experience and Technology Adoption
Weinberg, Bruce A. - 2004
Vintage human capital models imply that young workers will be the primary adopters and beneficiaries of new technologies. Because technological progress in general, and computers in particular, may be skill-biased and because human capital increases over the lifecycle, technological change may...
Persistent link: https://www.econbiz.de/10010261816
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Does the growth process discriminate against older workers?
Langot, François; Moreno-Galbis, Eva - 2008
This paper seeks to gain insights on the relationship between growth and unemployment, when considering heterogeneous agents in terms of age. We introduce life cycle features in the endogenous job destruction framework à la Mortensen and Pissarides (1998). We show that, under the assumption of...
Persistent link: https://www.econbiz.de/10010269204
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Medical technology and the production of health care
Baltagi, Badi H.; Moscone, Francesco; Tosetti, Elisa - 2011
health and social spending, lifestyle variables, and medical innovation. Our first set of regressions include a set of … health spending has a significant and mild effect on health outcomes, even after controlling for medical innovation. However …
Persistent link: https://www.econbiz.de/10010278343
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Skilled labor supply, IT-based technical change and job instability
Behaghel, Luc; Moschion, Julie - 2012
We provide empirical evidence on the impact of IT diffusion on the stability of employment relationships. We document the evolution of different components of job instability over a panel of 348 local labor markets in France, from the mid-1970s to the early 2000s. Although workers in more...
Persistent link: https://www.econbiz.de/10010289862