Showing 1 - 10 of 20,759
In this paper, we institute the role of entrepreneurs in technical progress and the mechanism of tools multiplication into the Cobb Douglas Production Function. After the advancements, the technology component in the function has technical meaning and is potentially observable. Unlimited...
Persistent link: https://www.econbiz.de/10008839196
national innovation systems. The study also analyses the factors behind this industry's poor productivity growth. A scenario …
Persistent link: https://www.econbiz.de/10005134465
Recent research has revealed enormous variation in performance and growth among firms, which both drives and is driven by large reallocations of inputs and outputs across firms (churning) within industries and markets. These differences in firm-level outcomes and the associated turnover of firms...
Persistent link: https://www.econbiz.de/10010884436
We argue that incorporating the decision of how to organize the acquisition, use, and communication of knowledge into economic models is essential to understand a wide variety of economic phenomena. We survey the literature that has used knowledge-based hierarchies to study issues like the...
Persistent link: https://www.econbiz.de/10010950675
empirical successes and shortcomings of current theory. First, models of organizational capital and innovation are broadly … sheets and innovation, representative of the entire Canadian economy, we study recent theories that examine life … frictions, learning about demand, and recent endogenous growth models with incumbent innovation. We emphasize the importance of …
Persistent link: https://www.econbiz.de/10010951103
Mexico has embarked on a bold package of structural reforms that will help it to break away from three decades of slow growth and low productivity. Major structural measures have been legislated to improve competition, education, energy, the financial sector, labour, infrastructure and the tax...
Persistent link: https://www.econbiz.de/10011274591
Persistent link: https://www.econbiz.de/10005264353
This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities....
Persistent link: https://www.econbiz.de/10009652889
The Private Sector Development Project (PSDP) was a culmination of the renewed commitment of the Government of Ghana to accelerate the pace of development of Ghana’s private sector. The project was also a direct result of the Business Community’s own assessment of Lingering issues which...
Persistent link: https://www.econbiz.de/10009295279
This paper shows that the available stylized facts on productivity dynamics, such as persistent cross-sectoral heterogeneity, do not allow to solve an identification problem regarding the impact of common drivers - such as General Purpose Technologies (GPTs) - on economic growth. The evidence of...
Persistent link: https://www.econbiz.de/10010836305