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The empirical literature studying the sector bias of technical change has only focused on skill-biased technical change. In this paper, I analyse the sector bias of both factor-neutral and factor-biased technical change. In Norwegian data from 1972 to 2007 the empirical evidence is not clear on...
Persistent link: https://www.econbiz.de/10011968565
The economic value of upstream research outcomes has raised increasing attention. Not only are these outcomes central to the development of many innovations, but they are also the object of many transactions in technology. This note discusses a few representative papers that try to better...
Persistent link: https://www.econbiz.de/10010730054
This paper examines whether the sector bias of skill-biased technical change (SBTC) explains changing skill premia within countries in recent decades. First, using a two-factor, two-sector, two-country model we demonstrate that in many cases it is the sector bias of SBTC that determines SBTC’s...
Persistent link: https://www.econbiz.de/10005666753
In an influential paper Mankiw, Romer and Weil (1992) argue that evidence on the international disparity in levels of per-capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10005791799
Although technical change is central in much of modern economics, traditional measures of it are, for a number of reasons, flawed. We discuss in this paper new indicators based on data drawn from the MARC records of the Library of Congress on the number of new technology titles in various fields...
Persistent link: https://www.econbiz.de/10008545925
Technischer Fortschritt ist eine der wichtigsten Triebkräfte der wirtschaftlichen Entwicklung von Unternehmen, Wirtschaftszweigen und Volkswirtschaften. Die Auseinandersetzung mit der Natur, Determinanten und Konsequenzen dieses Phänomens steht seit einiger Zeit im Zentrum der theoretischen...
Persistent link: https://www.econbiz.de/10005620039
The empirical literature studying the sector bias of technical change has only focused on skill-biased technical change. In this paper, I analyse the sector bias of both factor-neutral and factor-biased technical change. In Norwegian data from 1972 to 2007 the empirical evidence is not clear on...
Persistent link: https://www.econbiz.de/10011165634
Economic globalization affects the environment and sustainable development in several ways and through various channels. The purpose of this paper is to review the key links between globalization and the environment. The paper intends to consider the major issues in multilateral economic...
Persistent link: https://www.econbiz.de/10011324958
This paper discusses the link between patterns of technological change and economic development taking an evolutionary perspective. We argue that the modes and timing of such coupled dynamics are deeply influenced by the emergence of new techno-economic paradigms or regimes. ICT-based...
Persistent link: https://www.econbiz.de/10010328474
The paper presents a new framework to assess firm level heterogeneity and to study the rate and direction of technical change. Building on the analysis of revealed short-run production functions by Hildenbrand (1981), we propose the (normalized) volume of the zonotope composed by vectors-firms...
Persistent link: https://www.econbiz.de/10010328623