Showing 1 - 10 of 107
successfully to the knowledge economy. Such adaptation is not automatic, however. Rather, it depends on the willingness of key … changed fundamentally, primarily because of technological change. Adaptation to the needs of the knowledge economy is thus …
Persistent link: https://www.econbiz.de/10015054229
It is often assumed that recent success in the high-technology software industry will lead India's development. However, evidence suggests that basic manufacturing industry is stagnant. This paper proposes a mechanism that ties these two trends together. A big-push type of model, featuring...
Persistent link: https://www.econbiz.de/10010321626
new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained … development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and … economic development in the process of industrialization. …
Persistent link: https://www.econbiz.de/10010284033
The potential transformation of labour markets by the emergence of online labour platforms has triggered an intense academic, media and policy debate, but its true scale remains speculation. Nevertheless, adequate policy responses hinge on a good understanding of dynamics - something that will...
Persistent link: https://www.econbiz.de/10014565869
climate policy commitments in the move towards a net zero carbon economy by 2050. Coalbased energy generation and use made up … total economy and employment. On the other hand, coal-dependent activities are concentrated in a small number of European … regions where they provide the main basis for the economy, employment and the livelihoods of people. If properlydesigned just …
Persistent link: https://www.econbiz.de/10014565937
that can help countries capitalize on the opportunities afforded by an increasingly globalized post-industrial economy. …
Persistent link: https://www.econbiz.de/10011807641
This paper presents a comprehensive set of stylised facts for business cycles in India from 1950-2010. We show that most macroeconomic variables are less volatile in the post reform period, even though the volatility of macroeconomic variables is still high and similar to other emerging market...
Persistent link: https://www.econbiz.de/10011807666
Growth of per-capita income is associated with (i) significant shifts in the sectoral economic structure, (ii) systematic changes in relative prices and (iii) the Kaldor facts. Moreover, (iv) cross-sectional data shows systematic expenditure structure difference between rich and poor households....
Persistent link: https://www.econbiz.de/10010316847
Detection of structural change is a critical empirical activity, but continuous 'monitoring' of series, for structural changes in real time, raises well-known econometric issues that have been explored in a single series context. If multiple series co-break then it is possible that simultaneous...
Persistent link: https://www.econbiz.de/10010286276
This paper examines the link between structural change and growth in India. It constructs indices of structural change, and performs a time series analysis of the data. It finds that 1988 marks a break in the time series of growth and structural change. There is one-way causality from structural...
Persistent link: https://www.econbiz.de/10010287747