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This paper presents growth models based on Kaldor´s inaugural lectures, as well as their most recent extensions. Beyond the display of the evolution of such models, the paper intends to demonstrate that the original kaldorian models have served as a solid foundation over which new formulations...
Persistent link: https://www.econbiz.de/10009317996
The long term dynamics of growth and structural change in open economies are discussed where integration aspects are included. Taking a closer look at basic economic dynamics, namely developments in terms of sustainable growth and international interdependencies, the theoretical section...
Persistent link: https://www.econbiz.de/10008540463
This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical...
Persistent link: https://www.econbiz.de/10008540468
This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical...
Persistent link: https://www.econbiz.de/10004981625
The paper explores the relationship between the income elasticities of demand for exports and for imports, economic growth, the technological content of local production, and the level of development of the National Innovation System (NIS). According to the literature, differences in long-run...
Persistent link: https://www.econbiz.de/10009193061
growth of labour productivity went hand in hand with declining employment, and even with considerable job losses in the … resulted overwhelmingly from across-the-board productivity improvements in individual sectors of the economy while employment … 15 economies, implying a huge catching-up potential. The estimated elasticity of employment to production growth is low …
Persistent link: https://www.econbiz.de/10009649617
This paper analyses the long run determinants of wage inequality in the manufacturing sector for a group of East Asian countries that have experienced rapid structural transformations over the last decades. In line with the Skill Biased Technological Change hypothesis, our results show that...
Persistent link: https://www.econbiz.de/10010796245
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...
Persistent link: https://www.econbiz.de/10005792522
It is widely believed that the integration of European economies will have little impact on labour mobility. This does not mean, however, that European labour markets will be unaffected by the process of economic integration. In this paper we show that with increased competition from closer...
Persistent link: https://www.econbiz.de/10005656215
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy.The approach undertaken is prominently empirical.After a very brief description of the regulatory levels on the two sides of the Atlantic, we take...
Persistent link: https://www.econbiz.de/10011091848