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We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...
Persistent link: https://www.econbiz.de/10013320610
The innovation is a main variable of the economic growth, but the origin and diffusion of innovations are functions of … economic thought and the development of the economics of innovation. This research shows as, since 1957 the patterns of …
Persistent link: https://www.econbiz.de/10005459384
In this work, we discuss how the rich academic milieu left by different Italian political economy traditions after WWII paved the way to the development of a new generation of macroeconomic agent-based models. The K+S (Dosi et al., 2010, 2016a), CATS (Delli Gatti et al., 2005, 2011) and EURACE...
Persistent link: https://www.econbiz.de/10011719245
The People's Republic of China (PRC) has been undergoing marvelous industrialization and manufacturing development in the past decades, which has promoted its fast economic growth and has reached a level of middle-income in recent years. It is widely accepted that the PRC's status as the...
Persistent link: https://www.econbiz.de/10011852982
The People's Republic of China (PRC) has been undergoing marvelous industrialization and manufacturing development in the past decades, which has promoted its fast economic growth and has reached a level of middle-income in recent years. It is widely accepted that the PRC's status as the...
Persistent link: https://www.econbiz.de/10011667026
domestic innovation capabilities is at the heart of the middle income trap. In Latin America, it is the result of a market … countries, poor innovation performance, and underinvestment in the requisite social capabilities. The current globalization … to do so, with more players competing in the innovation space and technological innovation changing faster. A …
Persistent link: https://www.econbiz.de/10011688709
In universities all over the world, hiring and promotion committees regularly hear the argument: "this is important work because it is about to appear in prestigious journal X". Moreover, those who allocate levels of research funding, such as in the multi-billion pound Research Assessment...
Persistent link: https://www.econbiz.de/10003309267
In universities all over the world, hiring and promotion committees regularly hear the argument: this is important work because it is about to appear in prestigious journal X. Moreover, those who allocate levels of research funding, such as in the multi-billion pound Research Assessment Exercise...
Persistent link: https://www.econbiz.de/10012750570