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Competing engines of growth: innovation and standardization

Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Institut für Volkswirtschaftslehre, … - 2010

both an engine of growth and a potential barrier to it. As a result, growth in an inverse U-shaped function of the … standardization rate (and of competition). Second, we characterize the growth and welfare maximizing speed of standardization. We show …

Persistent link: https://www.econbiz.de/10008621792

Economics versus Politics: Pitfalls of Policy Advice

Acemoglu, Daron; Robinson, James A. - In: Journal of Economic Perspectives 27 (2013) 2, pp. 173-92

The standard approach to policy making and advice in economics implicitly or explicitly ignores politics and political economy and maintains that if possible, any market failure should be rapidly removed. This essay explains why this conclusion may be incorrect; because it ignores politics, this...

Persistent link: https://www.econbiz.de/10010643577

Offshoring and Directed Technical Change

Acemoglu, Daron; Gancia, Gino A; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2012

unskilled workers in the West depending on elasticities and the equilibrium growth rate. …

Persistent link: https://www.econbiz.de/10011083277

Offshoring and Directed Technical Change

Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - National Bureau of Economic Research (NBER) - 2012

unskilled workers in the West depending on elasticities and the equilibrium growth rate. …

Persistent link: https://www.econbiz.de/10010796627

Offshoring and directed technical change

Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2012

the equilibrium growth rate. …

Persistent link: https://www.econbiz.de/10010849629

Offshoring and Directed Technical Change

Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Barcelona Graduate School of Economics (Barcelona GSE) - 2014

on elasticities and the equilibrium growth rate. …

Persistent link: https://www.econbiz.de/10010950605

Productivity Differences

Acemoglu, Daron; Zilbotti, Fabrizio - National Bureau of Economic Research (NBER) - 1999

Many technologies used by the LDCs are developed in the OECD economies, and as such are designed to make optimal use of the skills of these richer countries' workforces. Due to differences in the supply of skills, some of the tasks performed by skilled workers in the OECD economies will be...

Persistent link: https://www.econbiz.de/10005085096

Productivity Differences

Acemoglu, Daron; Zilibotti, Fabrizio - Institute for International Economic Studies (IIES), … - 1998

Many technologies used by the LDCs are developed in the OECD economies, and as such, are used to make optimal use of the skills of these richer countries' workforces. Due to differences in the supply of skills, some of tasks performed by skilled workers in the OECD economies will be carried out...

Persistent link: https://www.econbiz.de/10005648718

The World Income Distribution

Acemoglu, Daron; Ventura, Jaume - C.E.P.R. Discussion Papers - 2001

, the cross-sectional behaviour of the world economy is similar to that of existing exogenous growth models. Cross … terms of trade. Our estimates imply that, all else equal, a 1% faster growth is associated with approximately a 0.7% decline …

Persistent link: https://www.econbiz.de/10005662414

The World Income Distribution

Acemoglu, Daron; Ventura, Jaume - National Bureau of Economic Research (NBER) - 2001

perspective time-series behavior of the world economy is similar to that of existing endogenous growth models, with the world … growth rate determined by policies, savings and technologies. Because of diminishing returns to capital accumulation at the … country level, the cross-sectional behavior of the world economy is similar to that of existing exogenous growth models: cross …

Persistent link: https://www.econbiz.de/10005588872