Showing 1 - 10 of 26
The paper contributes to the literature on the relation between structural changes in demand and supply and growth. We develop a macro-economic model with agent-based micro-foundations that articulates the links between production and organisational structures on the supply side, and the...
Persistent link: https://www.econbiz.de/10005824129
The paper analyses the effect of the dynamics of consumption preferences on the dynamics of macro–economic growth. We endogenously derive micro–dynamics of consumption behaviour as a result of the increase in the number of income classes. The different degrees of inertia in the adjustment of...
Persistent link: https://www.econbiz.de/10011171809
We propose an agent-based computational model defining the following dimensions of structural change?organisation of production, technology of production, and product on the supply side, and income distribution and consumption patterns on the demand side?at the microeconomic level. We define ten...
Persistent link: https://www.econbiz.de/10011020576
We propose an agent-based computational model defining the following dimensions of structural change - organisation of production, technology of production, and product on the supply side, and income distribution and consumption patterns on the demand side - at the microeconomic level. We define...
Persistent link: https://www.econbiz.de/10010894160
The paper proposes a model that explains cross-country growth divergences over time for different aspects of structural change. The model formalises the links between production technology, firm organisation (functional composition of employment) on the supply side and the endogenous evolution...
Persistent link: https://www.econbiz.de/10010883454
The paper contributes to the literature on the relation between structural changes in demand and supply and growth. We develop a macro-economic model with agent-based micro-foundations that articulates the links between production and organisational structures on the supply side, and the...
Persistent link: https://www.econbiz.de/10010267151
We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an evolutionary model with agentbased...
Persistent link: https://www.econbiz.de/10010328363
The paper proposes a model that explains cross-country growth divergences over time for different aspects of structural change. The model formalises the links between production technology, firm organisation (functional composition of employment) on the supply side and the endogenous evolution...
Persistent link: https://www.econbiz.de/10010328596
We propose an agent-based computational model defining the following dimensions of structural change - organisation of production, technology of production, and product on the supply side, and income distribution and consumption patterns on the demand side - at the microeconomic level. We define...
Persistent link: https://www.econbiz.de/10010281852
The paper aims to analyse the effect of initial structural conditions in the organisation and composition of production and in demand patterns, via changes in wages distribution, as affecting economic growth and income inequality. We develop an evolutionary model with agent-based...
Persistent link: https://www.econbiz.de/10005650072