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The current commodity boom is a major opportunity for poor countries exportingexhaustible resources such as oil. In the past oil booms were often mismanaged leaving the country with lower long run income. Many countries are now well aware that booms require intricate savings and investment...
Persistent link: https://www.econbiz.de/10009441531
We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously determines whether technical progress will be capital- or...
Persistent link: https://www.econbiz.de/10009475728
Purpose – IPv6 is the replacement for the Internet’s incumbent protocol, IPv4. IPv6 adoption is required to allow the Internet to continue to grow; however, there has been almost no uptake since its standardisation in the late 1990s. This paper seeks to explain how this non-adoption may be a...
Persistent link: https://www.econbiz.de/10009480130