Showing 1 - 10 of 20
This paper addresses, both theoretically and empirically, the sectoral patterns of job creation and job destruction in order to distinguish the alternative effects of embodied vs disembodied technological change operating into a vertically connected economy. Disembodied technological change...
Persistent link: https://www.econbiz.de/10012159270
Persistent link: https://www.econbiz.de/10012643892
This paper presents an agent-based model (ABM) of endogenous arrival of technological paradigms and new sectors entailing different patterns of labour creation and destruction, as well as of consumption dynamics. The model, building on the labour-augmented K+S ABM, addresses the long-term...
Persistent link: https://www.econbiz.de/10012520255
This paper delves into geographical agglomeration patterns of economic activities focusing on the connection between these agglomeration tendencies and sectoral patterns of innovative activities. Within a broad evolutionary perspective, we refine upon incumbent statistical models, trying to...
Persistent link: https://www.econbiz.de/10014500969
This work addresses the role of inter-sectoral innovation flows, which we frame as technological interdependencies, in determining sectoral employment dynamics. This purpose is achieved through the construction of an indicator capturing the amount of R&D expenditures embodied in the backward...
Persistent link: https://www.econbiz.de/10013161523
This work, which shall contribute to the Fest "A Just Society: Honouring Joseph Stiglitz", discusses a major unifying theme in Joe Stiglitz monumental work, namely, the analysis of economies characterised by persistent learning and coordination hurdles. In his analysis Joe is in many respects a...
Persistent link: https://www.econbiz.de/10011458677
In this work we shall attempt an excursus across fundamentally different streams of modern interpretations of the "primitive entities" constituting the social fabrics of economic systems. Behind each specific interpretative story, there is a set of ceteris paribus assumptions and also some...
Persistent link: https://www.econbiz.de/10011554090
Evolutionary theories of economic change identify the processes of idiosyncratic learning by individual firms and of market selection as the two main drivers of the dynamics of industries. Are such processes able to robustly account for the statistical regularities which industrial structures...
Persistent link: https://www.econbiz.de/10010502702
In this chapter we discuss the role of natural resources and endowment structures on structural change. Departing from theories of trade that stress specialization according to one's comparative advantages as the key route to development, we articulate an alternative point of view on the role of...
Persistent link: https://www.econbiz.de/10012215151
This paper represents the first attempt to bridge the evolutionary theory in economics and the theory of active … drivers of evolutionary systems [7]. To coherently representthe aforementioned properties, the kinetic theory of active …
Persistent link: https://www.econbiz.de/10012167373