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Evolution and the Growth Process : Natural Selection of Entrepreneurial Traits

Galor, Oded - 2011

This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human...

Persistent link: https://www.econbiz.de/10012461583

Heterogeneity and the Dynamics of Technology Adoption

Ryan, Stephen P. - 2011

We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...

Persistent link: https://www.econbiz.de/10012461404

Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry

Aghion, Philippe - 2012

innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

Persistent link: https://www.econbiz.de/10012460065

The Economics of Cultural Transmission and Socialization

Bisin, Alberto - 2010

cultural heterogeneity, the world's geographical fragmentation by ethic and religious traits, at any given time. Finally, the …

Persistent link: https://www.econbiz.de/10012462145

ENTICE : Endogenous Technological Change in the DICE Model of Global Warming

Popp, David - 2003

Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …

Persistent link: https://www.econbiz.de/10012468936

Forbidden Fruits : The Political Economy of Science, Religion, and Growth

Bénabou, Roland - 2015

We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper's motivating evidence we also uncover...

Persistent link: https://www.econbiz.de/10012457561

Technology and Labor Regulations : Theory and Evidence

Alesina, Alberto - 2015

This paper shows that different labor market policies can lead to differences in technology across sectors in a model of labor saving technologies. Labor market regulations reduce the skill premium and as a result, if technologies are labor saving, countries with more stringent labor regulation,...

Persistent link: https://www.econbiz.de/10012457825

Technology Diffusion : Measurement, Causes and Consequences

Comin, Diego A. - 2013

This chapter discusses different approaches pursued to explore three broad questions related to technology diffusion: what general patterns characterize the diffusion of technologies, and how have they changed over time; what are the key drivers of technology, and what are the macroeconomic...

Persistent link: https://www.econbiz.de/10012459609

Germs, Social Networks and Growth

Fogli, Alessandra - 2012

Does the pattern of social connections between individuals matter for macroeconomic outcomes? If so, where do these differences come from and how large are their effects? Using network analysis tools, we explore how different social network structures affect technology diffusion and thereby a...

Persistent link: https://www.econbiz.de/10012460191

Institutions, Technology, and Trade

Keller, Wolfgang - 2008

We study the importance of technology and institutions in determining the size of markets in five different countries and fifteen different German states. The setting of 19th century Europe presents a unique opportunity to address this issue, since it witnessed fundamental change in both...

Persistent link: https://www.econbiz.de/10012464734