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The aim of this paper is to investigate the nexus between demand patterns and innovation as it stems from research efforts and the extent of specialization. In the proposed model an innovation race conducted by entrants investing in research and development against established incumbents raises...
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At a time when North Carolina's population is exploding and its economy is shifting profoundly, one of the state's leading economists applies the tools of his trade to chronicle these changes and to inform North Carolinians in easy-to-understand terms what to expect in the future. Today we are...
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Deindustrialisation is typically conceptualised as a decline in manufacturing as a share of total employment. From a Kaldorian perspective deindustrialisation could have negative implications for long-run growth, given the special growth-pulling properties of manufacturing. However, defining...
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The examination in this paper is with regard to developing countries, and with regard to deindustrialization in the … it. Certain aspects of deindustrialization in developing countries will be explored in this paper. The first examination …-U hypothesis. It will be followed with an analysis of the different determinants of deindustrialization and how those determinants …
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