Showing 1 - 10 of 23
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/10009519765
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/10003746256
In this work, we present an assessment of the nature and impact of current "globalizing" tendencies at various levels of observation. The evidence in this respect suggests that it has mostly concerned financial flows (especially short-term ones); to some extent trade flows; and only to very...
Persistent link: https://www.econbiz.de/10002132575
The aim of this work is to investigate the role played by the so-called `globalization' processes of the last couples of decades on the international patterns of technological learning and on the distribution of incomes and growth. First, we re-assess the evidence on the general patterns of the...
Persistent link: https://www.econbiz.de/10002133959
This paper delves into geographical agglomeration patterns of economic activities focusing on the connection between these agglomeration tendencies and sectoral patterns of innovative activities. Within a broad evolutionary perspective, we refine upon incumbent statistical models, trying to...
Persistent link: https://www.econbiz.de/10014500969
This article explores the impact of innovation, offshoring and demand on profits and wage dynamics. The growing relevance of functional distribution in terms of explaining personal distribution underscores the importance of our results for understanding recent increases in inequality. The...
Persistent link: https://www.econbiz.de/10011420638
The reflections which follow build on two interrelated questions, namely, first, whether we are witnessing another "industrial revolution", and second, what is the impact of technological transformations upon the current dynamics of the socio-economic fabric, especially with respect to...
Persistent link: https://www.econbiz.de/10011961417
Building on a Post-Keynesian theoretical framework, integrated with an analysis of technology, this article investigates the structural determinants of income distribution. We develop a simultaneous model on wage and profit dynamics identifying as key determinants productivity growth,...
Persistent link: https://www.econbiz.de/10012123473
Countries differ in terms of technological capabilities and complexity of production structures. According to that, countries may follow different development strategies: one based on extracting rents from abundant endowments, such as labor or natural resources, and the other focused on creating...
Persistent link: https://www.econbiz.de/10003321423
Persistent link: https://www.econbiz.de/10008732422