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We present a simple model in which the transition from Malthusian stagnation to modern growth can occur. Agents are endowed with full control over their fertility but, differently from other studies, the degree of agents' altruism which mainly affects fertility choices are allowed to change with...
Persistent link: https://www.econbiz.de/10014182320
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10014025596
The interest of the Fourth Industrial Revolution spurred by the German Industry 4.0 has sharply increased in developed countries such as the United States, Japan, Korea and so on. The Japanese government officially considers the “Fourth Industrial Revolution” as one of main new growth...
Persistent link: https://www.econbiz.de/10014264755
Gegenstand der vorliegenden Arbeit ist die Bedeutung von Patentschutzfür den Technologietransfer von Industrie- in Entwicklungsländer. Für den technologischen Wandel in Entwicklungsländern hat Technologietransfer eine hohe Bedeutung, seine genauen Bestimmungsgründe sind jedoch vor allem aus...
Persistent link: https://www.econbiz.de/10008791378
In a 1957 paper, Robert Solow exploited the mathematical properties of the aggregate production function to isolate the role of disembodied “technical change” in economic growth. Solow's method allowed to disentangle the role of technical change from that of production factors, with the...
Persistent link: https://www.econbiz.de/10012909556
Abstract: Drawing on McCraw's (2007) biography, this paper assesses the character of Joseph Schumpeter. After a biographical summary of Schumpeter's life and career as an economist, the paper considers a thread of deliberate posturing and pretense in Schumpeter's grandiose ambitions and claims...
Persistent link: https://www.econbiz.de/10012823091
Die Entwicklung der Computer und die darauf aufbauende Digitalisierung haben technologische Veränderungen ausgelöst, die die Anforderungen an und die Nachfrage nach Arbeit, aber auch das Arbeitsangebot in den letzten Dekaden stetig verändert haben. Wie groß die kausalen Effekte dieser...
Persistent link: https://www.econbiz.de/10011957160
After a long period of catch-up growth that began after the Second World War, France has now reached a technological frontier in many sectors of its economy. Why is it then that the French economy ranks so low in various rankings of the world's most innovative economies? Why is it so difficult...
Persistent link: https://www.econbiz.de/10012995219
It is being repeatedly theorized that most of Arabic countries are still have long road for development. Classified as developing countries they should be requiring improvements in their economic performance parameters and the behavior of their productive variables. However, Iraq was a unique...
Persistent link: https://www.econbiz.de/10014041531
We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an evolutionary model with agentbased...
Persistent link: https://www.econbiz.de/10010328363