Showing 1 - 10 of 81
The paper attempts to interpret a few stylized facts of international economic growth by means of an open economy evolutionary model. The idea is that growth models that incorporate a richer representation of the properties and effects of technological change can give a better explanation of the...
Persistent link: https://www.econbiz.de/10010328390
The behavioral theory of the firm has been acknowledged as one of the most fundamental pillars on which evolutionary theorizing in economics has been built. Nelson and Winter's 1982 book is pervaded by the philosophy and concepts previously developed by Cyert, March and Simon. On the other hand,...
Persistent link: https://www.econbiz.de/10010328401
The paper analyses the properties and outcomes of competitive dynamics in industries characterized by heterogeneous firms and continuing stochastic entry. A formal analytical apparatus is developed, able to derive some generic properties of the underlying competition process combining persistent...
Persistent link: https://www.econbiz.de/10010328451
In this paper we study a class of evolutionary models of industrial agglomeration with local positive feedbacks, which allow for a wide set of empirically-testable implications. Their roots rest in the Generalized Polya Urn framework. Here, however, we build on a birth-death process over a...
Persistent link: https://www.econbiz.de/10010328468
The paper develops a growth model with evolutionary microfounded structural change. The model endogenises both technical change and changes in final and intermediate demand as affecting macro-economic growth, through the structural change of the economy. The aim is to formally account for the...
Persistent link: https://www.econbiz.de/10010328508
It is widely recognized that advances in knowhow have been the key driving force between the great improvements in human material well-being that have been achieved over the past two centuries. However, not much attention has been directed to the fact that the advances in knowhow that have been...
Persistent link: https://www.econbiz.de/10010328575
Persistent link: https://www.econbiz.de/10010328379
The paper presents a dynamic perspective on the landscape of Free/Libre/Open Source Software (FLOSS) developers' motivations and tries to isolate mechanisms sustaining developers' contribution over time. The first part of the paper uses data gathered by the empirical studies relative to the...
Persistent link: https://www.econbiz.de/10010328465
Persistent link: https://www.econbiz.de/10010328564