Showing 1 - 10 of 6,944
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/10012465770
-up mechanism through capital accumulation where technology is embodied in new capital goods. Using a putty-clay model of production …
Persistent link: https://www.econbiz.de/10012467958
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/10012473978
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/10012458896
This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has … between productivity and exports, and exploiting heterogeneous technology diffusion from immigrant communities in the United …
Persistent link: https://www.econbiz.de/10012459005
What obstacles prevent the most productive technologies from spreading to less developed economies from the world's technological frontier? In this paper, we seek to shed light on this question by quantifying the geographic and human barriers to the transmission of technologies. We argue that...
Persistent link: https://www.econbiz.de/10012459301
compare decentralization--where the business unit using the technology makes licensing decisions--to centralized licensing … technology markets favors centralization and drives higher licensing rates. Our model conforms to the existing evidence that …
Persistent link: https://www.econbiz.de/10012460457
Capital equipment - such as computers and industrial machinery - embodies skill-biased technology, in the sense that it … skill-biased technology. In this paper we develop a tractable quantitative model of international trade in capital goods to …
Persistent link: https://www.econbiz.de/10012461199
Borrowing from the experience of environmental markets, this paper proposes a system of tradable deficit permits as an efficient mechanism for implementing fiscal constraints in the European Monetary Union: having chosen an aggregate target for the Union and an initial distribution of permits,...
Persistent link: https://www.econbiz.de/10012471505
Extreme temperatures lead to large fluctuations in electricity demand and wholesale prices of electricity, which in turn affects the optimal production process for firms to use. Using a large international sample of planned power plant projects, we measure the way that electric utilities'...
Persistent link: https://www.econbiz.de/10012480384