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these shortcomings by focusing on technological learning-by-doing: the notion that it takes workers time using a technology …
Persistent link: https://www.econbiz.de/10013071305
We introduce a tractable model of endogenous growth in which the returns to innovation are determined by the technology … adoption decisions of the users of new technologies. Technology adoption involves an implementation investment that determines … the initial productivity of a new technology. After implementation, learning increases the productivity of a technology to …
Persistent link: https://www.econbiz.de/10012760401
We survey research on the relationship between technology and trade. We begin with the old literature, which treated … the state of technology as exogenous and asked how changes in technology affect the trade pattern and welfare. Recent … research and development. This allows one to examine not only how technology affects trade, but also how trade affects the …
Persistent link: https://www.econbiz.de/10013223065
, which creates a negative environmental externality, and may decide to switch to cleaner technology. A benevolent social … planner sets carbon taxes without commitment. Higher future carbon taxes both reduce emissions given technology and encourage … energy producers to switch to cleaner technology. Geoengineering advances, which reduce the negative environmental effects of …
Persistent link: https://www.econbiz.de/10012924470
The purpose of this paper is to apply the theory of Lie transformation groups as developed by the first author, and … economics to incorporate the theory of Lie transformation groups, so the results are new, but they are also interesting. Using …
Persistent link: https://www.econbiz.de/10012760052
labor of different education levels and changes in technology. Our analysis relies on a basic relation of the standard …
Persistent link: https://www.econbiz.de/10012763662
technology, prices, and factor supplies. The model is based on the neoclassical theory of production, and is implemented by …Wage inequality in the United States has increased, and many suspect that the main causes are changes in technology … assuming that GDP is a function of prices, technology levels, and supplies of capital and different types of labor. We find …
Persistent link: https://www.econbiz.de/10013249551
misspecification. According to our estimates, government spending and technology disturbances play a larger role in the business cycle …
Persistent link: https://www.econbiz.de/10013147368
In this paper we construct a short run model of the firm describing the behavior of thirteen U.S. airlines during the difficult transition to deregulation. Several modeling scenarios are developed to assess three common assumptions in cost studies: the use of time as a proxy for technological...
Persistent link: https://www.econbiz.de/10013324615
We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated … unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual … between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive …
Persistent link: https://www.econbiz.de/10012760169