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The paper attempts to interpret a few stylized facts of international economic growth by means of an open economy evolutionary model. The idea is that growth models that incorporate a richer representation of the properties and effects of technological change can give a better explanation of the...
Persistent link: https://www.econbiz.de/10010328390
Estimating the response of hours worked to technology shocks is often considered as a crucial step for evaluating the … estimated using a VAR, and retrieve alternative nonfundamental representations of the relation between technology shocks and … conditioning on a technology shock. This result is more robust than the results by Christiano et al. [2004], because it is …
Persistent link: https://www.econbiz.de/10010328611
Persistent link: https://www.econbiz.de/10010334868
the effects of an agreement where the more advanced firm shares its technology with the inferior one. We show that the …
Persistent link: https://www.econbiz.de/10010271093
. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition … and with the technology level. This paper contributes by bringing together these two views, both theoretically and … empirically. We show that both the degree of openness and the technology level mediate the impact of exchange rate movements on …
Persistent link: https://www.econbiz.de/10010269093
Das Produktionsprofil seiner Wirtschaft spricht dafür, dass Deutschland gestärkt aus der gegenwärtigen Wirtschaftskrise hervorgehen wird. In keinem anderen Industrieland ist der Anteil der Wertschöpfung, der auf die Produktion forschungsintensiver Güter und wissensintensiver...
Persistent link: https://www.econbiz.de/10011601967
strategischer, prozessualer und methodischer Fähigkeiten gegenüber. Der Aufbau eines proaktiven Technologie- und … technologies are not only an important lever to realize market potential but also strategic drivers of change. The technology … holistic and context-related management approach for the establishment of a technology-oriented service engineering at contract …
Persistent link: https://www.econbiz.de/10014433969
call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are … specific external economic factors. Furthermore, the technology shifters allow for non-neutral and biased shifts in TC. We also …
Persistent link: https://www.econbiz.de/10010280731
This paper links the rise of new industries populated by skill-intensive companies, and the divergence in labour incomes between skills. Our model explains inequality by the fact that as the skilled workers move towards new Silicon-Valley type firms, the reduced complementarity between skilled...
Persistent link: https://www.econbiz.de/10010328353
The deterioration of the income and employment position of unskilled workers in the OECD area since the 1980s is a well-documented fact. The debate about the causes of this development is dominated by two competing hypotheses, "North-South Trade" or "globalisation" and technological progress....
Persistent link: https://www.econbiz.de/10010262529