Chakraborty, Shankha; Thompson, Jon; Yehoue, Etienne - Volkswirtschaftliche Fakultät, … - 2014
upgrade technology because of their proficiency with existing methods. An aggregate productivity shock can tip this economy … towards growth where cultural inertia gives way to technological progress led by established businesses. A human capital shock … where existing business expertise is less useful, in contrast, causes growth through the emergence of a new class of …