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This paper discusses the impact of economic integration on production and trade in high-tech goods. The theoretical evidence is considered in section 2. The remaining part of the paper presents an empirical analysis of this relationship for two groups of countries, the Nordic countries and the...
Persistent link: https://www.econbiz.de/10005047584
In recent years the research on the relation between technology and economic growth has flourished. This paper presents a brief overview of different theoretical perspectives in this area; the old orthodox theory (that of Robert Solow and others), more heterodox approaches, and the new orthodox...
Persistent link: https://www.econbiz.de/10005047585
John Cornwall built his analysis of Modern Capitalism on a combination of two strands of thought; the Schumpeter-Svennilson view of capitalist development as a process of qualitative change driven by innovation and diffusion of technology, and the Kaldorian idea of static and dynamic economies...
Persistent link: https://www.econbiz.de/10005047586
This paper presents an overview and assessment of the theoretical and empirical work on catch-up and growth, with particular emphasis on the impact of technology, and the consequences for developing countries. The point of departure is the neoclassical theory of economic growth, as laid out by...
Persistent link: https://www.econbiz.de/10005047587
Digital Information Systems (DIS) - electronic systems that integrate software and hardware to enable communication and collaborative work - are increasingly used to manage global production networks (GPN). There is a widespread belief that these developments create new opportunities for...
Persistent link: https://www.econbiz.de/10005047588
Persistent link: https://www.econbiz.de/10005047589
The relationship between the economic structure of a country and its productivity growth has received a lot of attention in recent decades. For instance, several theoretical models in this area now suggest that countries that specialize in technologically progressive industries will enjoy high...
Persistent link: https://www.econbiz.de/10005047590
The history of capitalism from the industrial revolution onwards is one of increasing differences in productivity and living conditions across different parts of the globe. According to historian David Landes, for instance, 250 years ago the difference in income per head between the richest and...
Persistent link: https://www.econbiz.de/10005047591
In this paper we analyze whether and how “research” and “development” subsidies influence private R&D activity. Our empirical results show that “research” subsidies stimulate R&D spending within firms while “development” subsidies substitute such spending. At the theoretical...
Persistent link: https://www.econbiz.de/10005047592
This paper discusses the role of knowledge, technology and innovation in economic growth within the context of the “Green roads to growth” project. It summarizes the current state of the art in this area, illustrates this with selected graphs and tables based on published statistics and...
Persistent link: https://www.econbiz.de/10005047593