Showing 1 - 10 of 85
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
We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an evolutionary model with agentbased...
Persistent link: https://www.econbiz.de/10010328363
This paper addresses the question of sectoral specialisation mechanisms and effects on growth rate differences providing an alternative approach to endogenous growth processes. The framework we choose draws on the Kaldorian cumulative causation approach to growth and the evolutionary modelling...
Persistent link: https://www.econbiz.de/10010328557
The paper proposes a model that explains cross-country growth divergences over time for different aspects of structural change. The model formalises the links between production technology, firm organisation (functional composition of employment) on the supply side and the endogenous evolution...
Persistent link: https://www.econbiz.de/10010328596
This work brings together two distinct pieces of evidence concerning, at the macro level, international distributions of incomes and their dynamics, and, at the micro level, the size distributions of firms and the properties of their growth rates. First, our empirical analysis provides a new...
Persistent link: https://www.econbiz.de/10010328462
This work brings together two distinct pieces of evidence concerning, at macro level, international distributions of incomes and their dynamics, and, at micro level, the size distributions of firms and the properties of their growth rates. Moreover, we take into the picture an intermediate level...
Persistent link: https://www.econbiz.de/10010328510
Latin American Structuralism is an important strain in development theory, one which focuses on the center-periphery dynamics arising from an international economy ridden by technological, financial and power asymmetries. This paper discusses recent Structuralist contributions around the concept...
Persistent link: https://www.econbiz.de/10014541737
The current phase of capitalism has been defined in many alternative ways, ranging from techno-capitalism, turbo-capitalism, unbridled capitalism, unleashed capitalism, managerial capitalism. In this paper we put forward the notion of rentified capitalism defined as a configuration of capitalism...
Persistent link: https://www.econbiz.de/10014541778
This paper, using a long-term, product-level cross-country dataset, analyzes the trade-growth nexus by introducing two novel indicators able to capture demand and supply attributes of countries' quality of specialization. The Keynesian efficiency index measures demand attractiveness of the...
Persistent link: https://www.econbiz.de/10013205380
This paper applies the Economic Fitness and Complexity approach to analyse the underlying factors behind the wide and persistent economic disparities across the Italian regional units. Measures of regional fitness are obtained from their revealed comparative advantage and from their patent...
Persistent link: https://www.econbiz.de/10012692755