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Wages and productivity in Argentinian manufacturing : a structuralist and distributional firm-level analysis

Gómez, María Celeste; Virgillito, Maria Enrica - 2022

Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across sectors would enable emerging countries to...

Persistent link: https://www.econbiz.de/10013465158

In order to stand up you must keep cycling : change and coordination in complex evolving economies

Dosi, Giovanni; Virgillito, Maria Enrica - 2016

In this work we discuss the main building blocks, achievements and challenges of an evolutionary interpretation of the relation between mechanisms of coordination and drivers of change in modern economies, seen as complex evolving systems. It is an evident stylised fact of modern economic...

Persistent link: https://www.econbiz.de/10011565231

The footprint of evolutionary processes of learning and selection upon the statistical properties of industrial dynamics

Dosi, Giovanni; Pereira, Marcelo C.; Virgillito, Maria … - 2015

Evolutionary theories of economic change identify the processes of idiosyncratic learning by individual firms and of market selection as the two main drivers of the dynamics of industries. Are such processes able to robustly account for the statistical regularities which industrial structures...

Persistent link: https://www.econbiz.de/10010502702

Strategic sectors and essential jobs : a new taxonomy based on employment multipliers

Cresti, Lorenzo; Virgillito, Maria Enrica - 2022

In this paper we propose a novel sectoral taxonomy integrating three different attributes of sectors, namely i) the strategic dimension reflected into their belonging to different classes of the Pavitt taxonomy, ii) the capacity to create jobs both internally and externally with respect to their...

Persistent link: https://www.econbiz.de/10013363016

The innovation-employment nexus : a critical survey of theory and empirics

Calvino, Flavio; Virgillito, Maria Enrica - 2016

debate, especially in phases of economic recession. So far, the effects of innovation - in its manifold declinations and … different compensation mechanisms through which employment adjusts after an innovation is introduced. Secondly, it critically … attempt to conceptualize a number of stylized facts and empirical regularities on the innovation-employment nexus. …

Persistent link: https://www.econbiz.de/10011444456

Technological paradigms, labour creation and destruction in a multi-sector agent-based model

Dosi, Giovanni; Pereira, Marcelo C.; Roventini, Andrea; … - 2021

This paper presents an agent-based model (ABM) of endogenous arrival of technological paradigms and new sectors entailing different patterns of labour creation and destruction, as well as of consumption dynamics. The model, building on the labour-augmented K+S ABM, addresses the long-term...

Persistent link: https://www.econbiz.de/10012520255

The North-South divide : sources of divergence, policies for convergence

Fanti, Lucrezia; Pereira, Marcelo C.; Virgillito, Maria … - 2022

macro-regions characterized by identical initial conditions in terms of productive and innovation structures, but different …

Persistent link: https://www.econbiz.de/10013256952

A North-South agent based model of segmented labour markets : the role of education and trade asymmetries

Fanti, Lucrezia; Pereira, Marcelo C.; Virgillito, Maria … - 2023

Drawing on the labour-augmented K+S agent-based model, this paper develops a two-country North-South ABM wherein the leader and the laggard country interact through the international trade of capital goods. The model aims to address sources of asymmetries and possible converge patterns between...

Persistent link: https://www.econbiz.de/10014251418

The agents of industrial policy and the North-South convergence : state-owned enterprises in an international-trade macroeconomic ABM

Fanti, Lucrezia; Pereira, Marcelo C.; Virgillito, Maria … - 2024

How to conceive industrial policies as development instruments distinct from trade or fiscal-deduction interventions? How can we model and study the role of state-owned enterprises (SOEs) as agents of industrial policy? How can we model their main attributes and architectures? Drawing on the...

Persistent link: https://www.econbiz.de/10015062494