Narrow search
Showing 1 - 10 of 74
Cover Image
Chapter 3 Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino; Zilibotti, Fabrizio - 2005
international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many …
Persistent link: https://www.econbiz.de/10014023784
Cover Image
Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino - 2012
development and fluctuations. In many such applications, a key role is played by complementarities in the process of innovation …
Persistent link: https://www.econbiz.de/10012713370
Cover Image
Technological change and the wealth of nations
Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2008
We discuss a unified theory of directed technological change and technology adoption that can shed light on the causes of persistent productivity differences across countries. In our model, new technologies are designed in advanced countries and diffuse endogenously to less developed countries....
Persistent link: https://www.econbiz.de/10005772064
Cover Image
Horizontal innovation in the theory of growth and development
Gancia, Gino; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 2005
development and fluctuations. In many such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10005772070
Cover Image
Setting standards: Information accumulation in development
Acemoglu, Daron; Zilibotti, Fabrizio - Department of Economics and Business, Universitat … - 1997
We propose a model in which economic relations and institutions in advanced and less developed economies differ as these societies have access to different amounts of information. This lack of information makes it hard to give the right incentives to managers and entrepreneurs. We argue that...
Persistent link: https://www.econbiz.de/10005772297
Cover Image
Was Prometheus Unbound by Chance? Risk, Diversification and Growth
Acemoglu, Daron; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 1996
This paper offers a theory of development which links the degree of market incompleteness to capital accumulation and … growth. At early stages of development, the presence of indivisible projects limits the degree of risk … inability to diversify idiosyncratic risks introduces high uncertainty in the growth process. The typical development pattern …
Persistent link: https://www.econbiz.de/10005124312
Cover Image
Agency Costs in the Process of Development
Acemoglu, Daron; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 1996
early stages of development, the range of projects and the amount of information are limited and agency costs are high … investigation of the development of financial institutions. We contrast the information aggregation role of stock markets and … information production role of banks. Because the amount of available information increases with development, our model predicts …
Persistent link: https://www.econbiz.de/10005136536
Cover Image
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
Cover Image
Information Accumulation in Development
Acemoglu, Daron; Zilibotti, Fabrizio - Institute for International Economic Studies (IIES), … - 1998
development, the share of financial intermediation carried out through market institutions should increase. …
Persistent link: https://www.econbiz.de/10005648754
Cover Image
Agency costs in the process of development
Acemoglu, Daron; Zilibotti, Fabrizio - Institute for International Economic Studies (IIES), … - 1997
early stages of development, the range of projects and the amount of information are limited and agency costs are high … investigation of the development of financial institutions. We contrast the information aggregation role of stock markets and … information production role of banks. Because the amount of available information increases with development, our model predicts …
Persistent link: https://www.econbiz.de/10005648811