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discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …
Persistent link: https://www.econbiz.de/10011730583
Skill-biased technical change has occupied empirical economists for much of the 90s. However, the empirical literature has not progressed much beyond observing a positive correlation between technology indicators and demand shifts. Two hypotheses on the root causes of skill biases in technical...
Persistent link: https://www.econbiz.de/10003009425
If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of … economic development" in a very original way and having formulated his theory in a specific language. He managed to identify … growth theory that have appeared in the nineties. The "real carrier of economic development" matches to the "human capital …
Persistent link: https://www.econbiz.de/10003935473
In this paper we employ techniques developed in spatial econometrics to analyse spatial patterns of technology diffusion, to detect clusters and to estimate theoretical models that incorporate space explicitly. These techniques correct for misspecifications resulting from the omission of spatial...
Persistent link: https://www.econbiz.de/10011335193
Persistent link: https://www.econbiz.de/10009729797
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655
efficiency-improving vertical innovation model where energy technological progress is specified as an improvement in primary … energy use efficiency. Then a variety-expanding horizontal innovation model is presented where energy technological progress … technology tend to diverge due to cross-country differences in indigenous innovation efficiencies and knowledge absorptive …
Persistent link: https://www.econbiz.de/10010496810
diffusion this is insufficient to avoid catastrophic climate change. But when innovation can diffuse overseas, long … energy, and later by innovation induced by research subsidies. Green production subsidies are ineffective because they … undermine incentives for innovation …
Persistent link: https://www.econbiz.de/10012610702
Persistent link: https://www.econbiz.de/10013443742