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In this position paper we deal with the conception of heterogeneity as both the force and the result of evolutionary change. We ask, how this heterogeneity can be measured empirically and how we can get a measure which allows to get a broad comparable empirical account especially on several...
Persistent link: https://www.econbiz.de/10010291714
This paper analyzes the reasons for the middle income trap in Latin America, where countries have been at the middle income level for decades, and draws out lessons for Asia. The middle income trap captures a situation where a middle income country can no longer compete internationally in...
Persistent link: https://www.econbiz.de/10011688709
Many industrialized countries in Europe and North America have experienced a steady decline in the manufacturing sector over the last few decades. Amid growing concerns that outsourcing and offshoring have destabilized European economies, policymakers have suggested that a large manufacturing...
Persistent link: https://www.econbiz.de/10012055298
In this work, we develop and apply a methodology to estimate technology-specific R&D investments at firm level and then use these to test some arguments that have become central in the innovation literature. In particular, we first combine R&D investments with patent data of the world top R&D...
Persistent link: https://www.econbiz.de/10012055303
Along the development path, countries experience large transformations in their economic structure as productive resources move towards different economic activities. ''Modern economic growth'' is also associated with a self-sustained process of technical change which leads to the emergence of...
Persistent link: https://www.econbiz.de/10012060670
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477
This paper explores the current state of play and likely future direction of business-tobusiness electronic commerce in the South African manufacturing sector. The empirical evidence presented draws on 120 firm-level interviews, and 31 personal interviews with industry experts. The research...
Persistent link: https://www.econbiz.de/10010279268
Following a market-oriented approach, policies aimed at increasing labour flexibility by weakening employment protection institutions should enable firms to efficiently allocate resources, improve their capability to compete on international markets and adjust to economic cycle. This work...
Persistent link: https://www.econbiz.de/10012651866
In August 2022, the US Congress passed the Inflation Reduction Act (IRA), a comprehensive piece of legislation aiming to stimulate the US economy and to increase its resilience. At an estimated 430 billion euros, it is a massive government investment and spending program in the welfare state,...
Persistent link: https://www.econbiz.de/10014278231
Im August 2022 hat der US- Kongress ein umfangreiches Bundesgesetz, den Inflation Reduction Act (IRA), verabschie- det, das der US-Wirtschaft zu mehr Wachstum und Resilienz verhelfen soll. Es ist ein massives staatliches Investitions- und Ausgabenprogramm in den Sozialstaat, in die bundesweite...
Persistent link: https://www.econbiz.de/10014278498